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14. The cash flows and Net salvage value of Project X is given the following table: Year Cash flows Salvage Value 0 -5,800 5,800 1
14. The cash flows and Net salvage value of Project X is given the following table: Year Cash flows Salvage Value 0 -5,800 5,800 1 2,100 2,200 2 1,400 1,600 3 1,600 1,200 4 1,800 200 Given the cost of capital is 8.5%, Calculate the NPV for its Economic Life and deter what are its economic life and physical life of Project X? (6 points)
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