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Ty Hign inc., has a five year project that requires an initial investment of 1,890,000 in an asset. The asset will be depreciated straight-line to

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Ty Hign inc., has a five year project that requires an initial investment of 1,890,000 in an asset. The asset will be depreciated straight-line to ero over five years and will be worthless at year five. The expected annual sales and costs are $1,680,000 and $672,000, respectively. The project's operating cash flow is assume a tax rate of 23% $1,008,000 $906,255 $485,100 $819,945 $863,100

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