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Ankheg Mining Corp. is considering a three-year project with the following financials. The project annual EBT is $139,000. The increase in NWC is $48,600 in

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Ankheg Mining Corp. is considering a three-year project with the following financials. The project annual EBT is $139,000. The increase in NWC is $48,600 in year zero. The initial capital asset investment is $400,500; the asset will depreciate straight-line to zero in three years at which time it will be sold for $48,000. The tax rate is 21% and the corporation requries a 27% erturn on its investment in this project. What is the project NPV? $41,639.93 $72,142.00 $114,311.67 $54,354.87 $98,309.50 Type here to search O DE

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