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The asset beta for food trucks is 0.9. XYZ Food Service has a debt to equity ratio of 0.8. The riskless rate is 3.5%, the

The asset beta for food trucks is 0.9. XYZ Food Service has a debt to equity ratio of 0.8. The riskless rate is 3.5%, the expected return on the S&P 500 is 16.2%, and the tax rate is 28.7%. XYZ can borrow at 8.0%. What is the NPV of XYZ purchasing a taco truck if it has an initial cost of $225,744 and produces EBIT of $24,803 per year for the next 16 years, using the WACC method? Please give your answer to the nearest dollar.

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