Question: California Hideaways is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, would be
California Hideaways is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, would be depreciated by the straight-line method over its 3-year life, and would have zero salvage value. No new working capital would be required. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's NFV
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