What is present value of the projects indefinite cash flows

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Taylor's is considering a project which has an initial cost of $189,000, indefinite annual cash sales of $265,000, and indefinite annual cash costs of $218,000. The unlevered cost of capital is 15 percent and the tax rate is 35 percent. What is the present value of the project's indefinite cash flows?

Reference no: EM131185526

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