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Business, 13.11.2019 18:31 sophiaaafaline

Afirm is considering taking a project that will produce $15 million of revenue per year. cash expenses will be $5 million, and depreciation expenses will be $1 million per year. if the firm takes that project, then it will reduce the cash revenues of an existing project by $2 million. what is the free cash flow on the project, per year, if the firm is in the 35 percent marginal tax rate?

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