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You are the financial analyst for a tennis racket manufacturer. The c considering using a graphitelike material in its tennis rackets. The co estimated the

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You are the financial analyst for a tennis racket manufacturer. The c considering using a graphitelike material in its tennis rackets. The co estimated the information in the following table about the market for a ract new material. The company expects to sell the racket for six years. The required for the, project will be depreciated on a straight-line basis and has value. The required return for projects of this type is 13 percent and the con 21 percent tax rate. Calculate the NPV for each case for this project. Assume a negative taxable ir generates a tax credit. ( A negative answer should be indicated by a minus s round intermediate calculations and round your answers to 2 decimal placi 32.16.)

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