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Show Excel functions =NPV and =IRR9. Calculating Project OCF [LO1] Quad Enerpriese isconsidering a new three-year expansionproject that rerrquires an initial fixed asset investmentof $2.9 mllion. The fized asset will bedepreciated striaght-line to zero over its three-year taxlife, after which time time it will beworthless. The project is estrimate to generate $2,190,000in annual sales with costs of $815,000.If the tax rate is 35 percent, what is the OCF for thisproject?10. Calculating Project NPV [LO1] In the previous problem,suppose the required return on the projectis 12 percent. What is the project's NPV
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