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Question 44

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Use the information for the question(s) below.
Epiphany Industries is considering a new capital budgeting project that will last for three years.Epiphany plans on using a cost of capital of 12% to evaluate this project.Based on extensive research,it has prepared the following incremental cash flow projections: Use the information for the question(s) below. Epiphany Industries is considering a new capital budgeting project that will last for three years.Epiphany plans on using a cost of capital of 12% to evaluate this project.Based on extensive research,it has prepared the following incremental cash flow projections:   -The free cash flow for the last year of Epiphany's project is closest to: A) $55,800. B) $38,000. C) $35,000. D) $43,000.
-The free cash flow for the last year of Epiphany's project is closest to:


A) $55,800.
B) $38,000.
C) $35,000.
D) $43,000.

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