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The Bruin's Den Outdoor Gear is considering o new 7 -year project to produce o new tent line. The equipment necessory would cost $159 miltion

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The Bruin's Den Outdoor Gear is considering o new 7 -year project to produce o new tent line. The equipment necessory would cost $159 miltion and be depreciated using straight-line depreciotion to a book value of zero. As the end of the project, the equipment can be sold for 10 percent of its initial cout The compony believes that it con sell 26,000 tents per year at a price of $69 snd variable costs of $29 per tent. The fixed costs will be $445,000 per year. The project will requice an inisal investment in net working copital of $213,000 that will be recovered of the end of the project. The required rate of return is 112 percent and the tox rate is 34 percent, Whot is the NPV? Muliple Chesce socoon 5utersil

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