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Your company is investigating the opportunity to invest $1,400,000 in a project that will produce MP3 players for the next 5 years. The firm's marginal

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Your company is investigating the opportunity to invest $1,400,000 in a project that will produce MP3 players for the next 5 years. The firm's marginal tax rate is 30% and the discount rate for the project is 25%. The accounting department and production operations department have estimated the following: After-tax Salvage Value $260,000 Annual OCF (for 5 years) $1,614,000 Initial Investment in NWC $50,000 What is the NPV of the project if the investment in NWC is recovered at the end of the project? O $1,038,419 O $2,992,079 O $2.940,498 O $3,042,079 O $3,150 498

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