Question
A project requires an initial investment of $1,000,000 depreciated straight-line to $0 in 18 years. The investment is expected to generate annual sales of $960,000
A project requires an initial investment of $1,000,000 depreciated straight-line to $0 in 18 years. The investment is expected to generate annual sales of $960,000 with annual costs of $775,750 for 18 years. Assume a tax rate of 36% and a discount rate of 12%. What is the NPV of the project? No excel spreadsheets please.
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Pivotal Decade How The United States Traded Factories For Finance In The Seventies
Authors: Judith Stein
1st Edition
0300171501, 978-0300171501
