A new project will cost $124 million and will have an expected life of 15...

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Finance

A new project will cost $124 million and will have an expected life of 15 years. The project will be depreciated straight line over a 9-year term. EBDT for the project is expected to be $16 million per year. The firm's tax rate is 25%. Show the expected cash flows per year for the project.

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