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English, 14.01.2020 21:31 joserodriguez212004

Brodigan corporation has provided the following information concerning a capital budgeting project: investment required in equipment $450,000 net annual operating cash inflow $220,000 tax rate 30% after-tax discount rate 12% the expected life of the project and the equipment is three years, and the equipment has zero salvage value. the company uses straightline depreciation on all equipment, and the depreciation expense on the equipment would be $150,000 per year. assume cash flows occur

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