A company is planning to release a new product. The equipment needed to start production...
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A company is planning to release a new product. The equipment needed to start production costs $15 million and will be depreciated linearly over 5 years. The firm expects to sell 200,000 units of the product with a unit price of $350 with an EBITDA margin of 60%. If the company's marginal tax rate is 20% what are the incremental earnings in millions of dollars?
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