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You are evaluating a capital project with a Net Investment of $95,000, which includes an increase in net working capital of S5 9 years with
You are evaluating a capital project with a Net Investment of $95,000, which includes an increase in net working capital of S5 9 years with an expected salvage value of $3,000. The project will be depreciated via simplified straight-line depreci ,000. The project has a life of A ation. R rease 4,000 per year. The firm's marginal tax rate is 40 percent and the cost of capital for this project is 8%, what is the net ent value of this project? Round to the nearest penny. Do not include a dollar sign. pres
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