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We are considering the introduction of a new product. Currently we are in the 34 percent marginal tax bracket with a 15 percent required rate
We are considering the introduction of a new product. Currently we are in the 34 percent marginal tax bracket with a 15 percent required rate of return or cost of capital. This project is expected to last 5 years and then, because this is somewhat of a fad product, it will be terminated. ...........................................The following information describes the new project:............................... Cost of new plant and equipment $ 7,900,000
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