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You are considering a geographic expansion into the European market for Ray and Phil Company. Below are the incremental cash flows for the Canopy project
You are considering a geographic expansion into the European market for Ray and Phil Company. Below are the incremental cash flows for the Canopy project for you to use in your analysis.Assume Ray and Phil's marginal tax rate is 35%, their cost of capital is 15.7% and an expected growth rate of 5% after 2003.
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