45,000 52,000 2. What is the correct value for the after- tax salvage cash flow in B4? a) -2,800 b) 47,800 c) 27,000 d) 42,200 e) 45,000 1 Salvage Value 2 Book Value 3 Tax Rate 4 After-Tax Salvage Value 40% 3. What is the value of cell B7? a) 1.80 b) 2.17 c) 2.32 d) 2.50 e) 2.73 on WN Year Cash Flows (60.000) 20,000 25,000 30,000 6 WACC 12% 7 Payback Period =FAME_Payback(B2:35) 4. What is the value of cell B7? a) 1.53 b) 1.78 c) 2.09 2.25 e) 2.50 Year C ash Flows (60,000) 20.000 2 25,000 30.000 6 WACC 12% 7 Disc Payback Period =FAME Payback(B2-B5,B6) 5. Which is the right formula for B7? a) ENPV(B6,B2:B5) b) =NPV(B6,B3:B5)-B2 c) ENPV(B6,B3:B5)+B2 d) ENPV(B6,B2:B5)+B2 e) =NPV(B6,B2:B5)-B2 Year Cash Flows O (60,000) 20,000 2 25,000 5 3 30,000 6 WACCI 12% 7 NPV