Xyz corp wants to expand its operation with a new metal

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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 _____. 

Reference no: EM13569470

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