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Littau Inc

Question 18

Multiple Choice

Littau Inc. has provided the following data concerning an investment project that has been proposed: Littau Inc. has provided the following data concerning an investment project that has been proposed:   The company's tax rate is 30%. For tax purposes, the entire initial investment will be depreciated over 7 years without any reduction for salvage value. The company uses a discount rate of 19%. -The net present value of the project is closest to: A)  -$4,949 B)  $25,780 C)  $23,766 D)  -$6,412 The company's tax rate is 30%. For tax purposes, the entire initial investment will be depreciated over 7 years without any reduction for salvage value. The company uses a discount rate of 19%.
-The net present value of the project is closest to:


A) -$4,949
B) $25,780
C) $23,766
D) -$6,412

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