Question: Affirm is considered a new project that will generate cash revenue of $ 1 . 3 million in cash expenses of $ 7 0 0

Affirm is considered a new project that will generate cash revenue of $1.3 million in cash expenses of $700,000 per year for five years equipment necessary for the project forecast hundred and $50,000 it will be depreciated straight line over four years what is the expected free cash flow and the second year of the project is the firms marginal tax rate is 20%

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