A firm paid $500,000 for a manufacturing facility. It will produce 45 tons of packing material for each of the first 3 years that will be sold for $4,000/ton. For the next 5 years, it will produce 60 tons of material that will be sold for $5,000/ton. Ifi-15% and the annual operating costs were $100,000, did the firm make a good investment? 8) 9) The following table represents two alternatives. If 1-18%, is A or B the better alternative? O&M/year Salvage $3.5M Life 8 yrs First cost A $14M $22M $3M $7.5M 10) An investor buys a bond having a face value of $1,000 and a coupon rate of 6% payable semiannually. The market rate is now 3% and the bond matures in 15 years. How much did the investor pay