Question
A widget factory in Tucson Arizona is considering buying a new piece of machinery to improve efficiency. The machinery will cost $10,000 and is estimated
A widget factory in Tucson Arizona is considering buying a new piece of machinery to improve efficiency. The machinery will cost $10,000 and is estimated to save the factory $4000 per year over a 4 year life. What is the non-discounted (non-NPV) value of this investment?
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Fundamentals Of Corporate Finance
Authors: David W Blackwell, Robert Parrino, David S Kidwell
1st Edition
0471270563, 9780471270560
