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finc 1 answer below » XYZ Corp. wants to expand its operation with a new metal bender. The bender is expected to have an purchase price of $10 Million and an installation cost of $2
million. The bender will require new inventory of $4 million, of which 50% will be on credit. The bender will be depreciated to zero salvage. The proposed
project’s initial investment is _____. Answer $14 million $12 million $10 million $8 million Jan 10 2014 09:08 AM
