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Today Corporation is planning to buy a new machine worth $10 million. The machine is expected to generate incremental revenues of $4 million per year,

Today Corporation is planning to buy a new machine worth $10 million. The machine is expected to generate incremental revenues of $4 million per year, and additional cost of $1.2 million per year. If Today Corporations corporate tax rate is 35%, what will be their net cash flow after tax (Assume no depreciation)?

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