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A project requires a capital expenditure of $ 9 3 million today. It is depreciable straight line to zero over 1 6 years, but you
A project requires a capital expenditure of $ million today. It is depreciable straight line to zero
over years, but you expect to sell it years from now just after depreciating that year at price
$ million. Other data is as follows income statement numbers are annual:
The project's cost of capital is and the tax rate is What is the NPV Report an answer
in $ millions that is correct to at least three digits after the decimal. The NPV is $ million.
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