Question: Quad Enterprises is considering a new three - year expansion project that requires an inital foxed asset investment of $ 2 . 9 million. The
Quad Enterprises is considering a new threeyear expansion project that requires an inital foxed asset investment of $ million. The fixed asset will be depreciated straightline to zero over its threeyear tax life. The project is estimated to generate $ in annual sales, with coosts of $ The project requires an initial investment in net working capital of $ and the fixed asset will have a market value of $ at the end of the project. What is the project's Year net cash flow? Year Year Year The tax rate is percent. If the required reburn is percent, what is the project's NPV
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