Question: Daria & Co. recently implemented a positive NPV project. The project has a projected life of six years and an estimated rate of return of

Daria & Co. recently implemented a positive NPV project. The project has a projected life of six years and an estimated rate of return of 15.2 percent. The project can be expanded by incurring additional variable costs or shut down without incurring any penalties or additional costs. Today, the government ruled that projects of this type are now subject to a new per unit tax, the total cost of which will exceed the projected NPV. The most logical move for the company would be to

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