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XYZ is evaluating the Reno project. The project would require an initial investment of $ 1 4 8 , 0 0 0 that would be
XYZ is evaluating the Reno project. The project would require an initial investment of $ that would be depreciated to $ over years using straightline depreciation. The project is expected to have operating cash flows of $ per year forever. XYZ expects the project to have an aftertax terminal value of $ in years. The tax rate is What is XYZ if X is the project's relevant expected cash flow in year Y is the project's relevant expected cash flow in year and Z is the project's relevant expected cash flow in year
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