Calculate the cash payback period and net present value of the proposed investment. (Ifthe netpresentvalue ism\" negative sign preceding the number eg. -45 or parentheses eg. (45). Round cash payback period to 2 decimal place, as. 12.51. For , calculation purposes, use 5 decimal places as displayed in the factor table provided' e3. 1.25124 and net present value to Odedmd as. 5,275.) Click here to View the factor table. Cash payback period Net present value eTextbook and Media 'l Save for Later Attempts: 00' 3 M. Millye u i um m :: um V ~ m- mu 1 z i .1 : um u m nun tulle ultersa'nun-nonxmviuiumununvn Assignment 3 - Question 9 of 10 > Whispering Winds Corporation is considering purchasing a new delivery truck' The truck has many advantages over the company's current truck (not the least of which is that it runs)' The new truck would cost $56525. Because of the increased capacity, reduced\" .- maintenance costs, and increased fuel economy the new truck is expected to generate cost savings of $8,500. At the end ofeight years, the company will sell the truck for an estimated $27600. Traditionally the company has used a general rule that it should not accept a proposal unless it has a payback period that is less than 50% of the asset's estimated useful life. William Davis, a new payback approach but should also use the net present value: 5 8%. manager, has suggested that the company should not rely only on the method when evaluating new projects. The company's cost of capital i (3) Calculate the cash payback period and net present value of the proposed investment. (lfthenetprmtwluck ' -. negative sign preceding the number e3. ~45 or parentheses e3. (45). Round cash payback period to 2 dadmlpbct. G: ' ' ' calculation purposes, use 5 decimal places as displayed in the factor table provided. e3. 1.25124 andnetmtmm 2.3. 5,2 75.) Click here to View the factor table