Question: Suppose the values for this problem change to: Tax Rate: 26% Projected Sales: $24 million What is the project's cash flow for the first year?

Suppose the values for this problem change to: Tax Rate: 26%

Suppose the values for this problem change to:

Tax Rate: 26%

Projected Sales: $24 million

What is the project's cash flow for the first year? Round your solution to one decimal in millions of dollars, i.e. you would enter $12,345,678 as 12.3.

The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service

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