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**Assume that you just graduated from GW and are employed at an investment bank making $120,000 (after-tax) per year, and you expect to make the same amount for each of the next 5 years. A classmate from MAT62, who knows what a hard party person you were, gives you a call and tries to convince you to join forces with him on a project. The project is to produce a new type of vodka, “Hangover’s over”, that won’t make one feel hangover the next morning no matter how many bottles one drinks. If you decide to join, you will have to quit your current job, and work full-time on the project. The project requires an initial investment of $400,000 in production equipment, which can be depreciated straight-line over 5 years to a salvage value of $80,000. You own a house that you’re currently renting out for $24,000 a year and you’re planning to use the house as your office if you join the project. You expect to sell 20,000 bottles of the “Hangover’s over!” at $40 per unit each year for the next 5 years. The production cost is $15 per unit, and fixed costs associated with the project are estimated to amount $150,000 per year. Assume that your tax rate is 40% and your discount rate for projects with similar risk is 12%. Should you accept the project?**

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Please include all work on how to get to the answer!! Pressure vs Time Rate Law...

Please include all work on how to get to the answer!! Pressure vs Time Rate Law The decomposition of ethanol at some constant temperature (above 500°C), over a copper surface, C2H5OH(9) → CH3CHO(g) + H2(9) was studied by monitoring the total pressure with time. The following data were obtai...

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1) a. Define the threshold potential for a neuron. Describe what will occur in a neuron...

1) a. Define the threshold potential for a neuron. Describe what will occur in a neuron when the membrane reaches potentials lower (more negative) and higher (less negative) than the threshold, and why. b. Describe why action potential propagation is unidirectional, and why myelin increases the spee...

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Check my work More Parts Liquidators specializes in buying excess parts inventories for resale or to...

Check my work More Parts Liquidators specializes in buying excess parts inventories for resale or to incorporate into other products. They recently purchased parts for $125,000 and they have a buyer willing to pay $150,000. The company can also incorporate these parts into a new product at a cost of...

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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows,...

Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Rent for the month Spending for food Savings account balance Current value of automobile Credit card balance Auto insurance Video equipment Lunches/parking at work Person...

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A piggyback of 750 mg / 250mlis infusing at 50 ml/hr. How much of the drig...

A piggyback of 750 mg / 250mlis infusing at 50 ml/hr. How much of the drig has the patient recieved in 4 hours?...

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Two firms, A and B, both produce brushes. The price of brushes is $1.95 each. Firm...

Two firms, A and B, both produce brushes. The price of brushes is $1.95 each. Firm A has total fixed costs of $451,500 and variable costs of 63 cents per brush. Firm B has total fixed costs of $260,000 and variable costs of 72 cents per brush. The corporate tax rate is 35%. If the economy is strong,...

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Discuss the importance of developing healthy eating,sleeping,and exercise habits during adolescence

Discuss the importance of developing healthy eating,sleeping,and exercise habits during adolescence...

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Part 1: Strategy Development Present and explain five key IT/IS initiatives that should form company’s (mobile industry company) 3-5 year IT/IS strategy

Part 1: Strategy DevelopmentPresent and explain five key IT/IS initiatives that should form company’s (mobile industry company) 3-5 year IT/IS strategy. You should present this strategy using Earl’s Risk & Return Portfolios taxonomy, then by briefly explaining / justifying each of yo...

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What is the correct CPT and/or HCPCS code(s) for the following? 1. Cystourethroscopy with insertion of...

What is the correct CPT and/or HCPCS code(s) for the following? 1. Cystourethroscopy with insertion of double-J ureteral stent 2. Complex cystometrogram with voiding pressure studies 3. Removal and replacement of semi-rigid penile prosthesis from infected site, with irrigation and debridement of inf...

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Question 7 9.6/24 View Policies Show Attempt History Current Attempt in Progress On January 1, 2016,...

Question 7 9.6/24 View Policies Show Attempt History Current Attempt in Progress On January 1, 2016, Sheridan Corporation acquired equipment costing $72,320. It was estimated at that time that the equipment would have a useful life of eight years and no residual value. The company uses the straight-...

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Post all the necessary steps Suppose the exchange rate is $1.99/£. Let r$ = 6%, r£...

post all the necessary steps Suppose the exchange rate is $1.99/£. Let r$ = 6%, r£ = 7%, u = 1.27, d = 0.78, and T = 1. Using a 2-step binomial tree, calculate the value of a $2.10-strike European put option on the British pound. a. $0.2671 b. $0.3235 c. $0.3435 d. $0.3333 e. $0.3282...

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My ID number is quite remarkable

My ID number is quite remarkable.Its a 9 digit number with the digits 1-9 appearing only once. The entire 9 digit nuymber is divisible by 9. If you remove the last digit, the remaining 8 digit number is divisible by 8. If you remove the last digit again, you are left with a 7 digit number dicisible ...

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Colonial American society was organized according to a belief in a

1. Colonial American society was organized according to a belief ina. a strong middle classb. a classess societyc. equality of opportunityd. inequalityC?3. Why did most Puritans come to North America?a. to avoid imprisonmentb. to set up their own societiesc. to grow tobaccod. to look for goldI could...

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Find the vector in the subspace W spanned by {[-1,4,4,-4],[3,-1,-2,4]} which is closest to [0,6,2,-9]. 0...

Find the vector in the subspace W spanned by {[-1,4,4,-4],[3,-1,-2,4]} which is closest to [0,6,2,-9]. 0 4 Ỉ | 4 | ,1-2 (1 point) Find the vector in the subspace W spanned by which is closest to -9 Answer:...