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You have been approached about investing $150,000 in a new value-added food product. For each of the next 6 years, you expect a consistent sales
You have been approached about investing $150,000 in a new value-added food product. For each of the next 6 years, you expect a consistent sales volume of 30,000 units per year. The product will sell for $4.99 per unit, and the cost of production is $3.87 per unit. Your currently required rate is 7.25%.
Calculate the expected annual cash flow for each year, round the answer as whole dollars.
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