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The Bruin Manufacturing Company is considering a new investment. Financial projections for this investment are represented in the table below. Assume that corporate tax is
The Bruin Manufacturing Company is considering a new investment. Financial projections for this investment are represented in the table below. Assume that corporate tax is 35%, all sales revenue is received in cash, all operating costs and income taxes are paid in cash, and all cash flows occur at the end of the year. All net working capital is recovered at the end of the project. Suppose the appropriate discount rate is 11.7 percent. What is the NPV of the project? 3449.60 30191.15 3323.52 -3371.21 -208.85
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