2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following: Use Exhibit 13B-1 and Exhibit 13B-2. (Use appropriate factor(s) from the tables provided.) 1 Chapter 13: Applying Excel 2 3 Data 4 Example E 5 Cost of equipment needed 6 Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in five years 9 Annual revenues and costs 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate $ 450,000 30,000 60,000 20,000 $ 425,000 S 230,000 50,000 16% C. The internal rate of return is between what two whole discount rates (e.g. between 10% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etc.)? 15% and he internal rate of return is between 15 % d. Reset the discount rate to 16%. Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a positive net present value? inimum salvage value required to generate a positive present value 2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following: Use Exhibit 13B-1 and Exhibit 13B-2. (Use appropriate factor(s) from the tables provided.) 1 Chapter 13: Applying Excel 2 3 Data 4 Example E 5 Cost of equipment needed 6 Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in five years 9 Annual revenues and costs 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate $ 450,000 30,000 60,000 20,000 $ 425,000 S 230,000 50,000 16% C. The internal rate of return is between what two whole discount rates (e.g. between 10% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etc.)? 15% and he internal rate of return is between 15 % d. Reset the discount rate to 16%. Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a positive net present value? inimum salvage value required to generate a positive present value