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Your company is developing a new textbook for FIN 301 and you paid your current FIN 301 instructor $700,000 for his input about the feasibility
Your company is developing a new textbook for FIN 301 and you paid your current FIN 301 instructor $700,000 for his input about the feasibility of such a product. capital of $200,000 at the beginning of the project. in each of those years. The fixed costs in each of the three years of the project will be $500,000. The corporate tax rate is 40%. Calculate the total year 0 cash flows associated with the project. Calculate the year 1 EBIT. $ Calculate the TOTAL year 1 cash flows associated with the project. g Calculate the TOTAL year 3 cash flows associated with the project. $
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