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A project equipment cost is $ 2 0 0 , 0 0 0 and it will last 5 years. The equipment is depreciated over 4

A project equipment cost is $200,000 and it will last 5 years. The equipment is depreciated
over 4(no depreciation in the fifth year) years with equal weight towards a $20,000 salvage
value (straight line). Cash sales are $250,000 per year and costs of goods sold (COGS) are
$110,000. The appropriate discount rate is 15% and the corporate tax rate is 21%. Calculate the
project net present value and determine whether the project should be accepted or rejected. solve with excel please show the function used if possible!

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