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Try valuing a project with the following estimates for year 2: Taxable Income (EBIT) 50 Tax Rate 35% Allocated R&D costs* 10 Depreciation 10 Year

Try valuing a project with the following estimates for year 2:

Taxable Income (EBIT) 50

Tax Rate 35%

Allocated R\&D costs* 10

Depreciation 10

Year 1 Net Working Capital 20

Year 2 Net Working Capital 15

*Reflects costs that have already been incurred, assigned to year 2 of the project.

What is the total Free Cash Flow in year 2?

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