What is the after-tax cash flow in millions of from the


Alcan invested $61 million in a new packaging facility in North Carolina. If the plant is to be depreciated over 10 years with straight line depreciation, sales are to generate $40 million in revenues per year, operating and maintenance costs are $25 million per year, and there is no salvage value, what is the after-tax cash flow (in millions of $) from the year 7 of production for the facility? Assume an effective tax rate of 36%.

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Financial Management: What is the after-tax cash flow in millions of from the
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