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Calculate the NPV for the following facts: Bob has completed the development of a new face shield for paramedics. The new product is expected
Calculate the NPV for the following facts: Bob has completed the development of a new face shield for paramedics. The new product is expected to generate $150,000 in annual revenues. Annual operating expenses are estimated at $130,000. A 3D printer must be purchased for $60,000. The life of the project is 5 years. The 3D printer's salvage value is estimated at 5054.43 at the end of 5 years. Working capital will increase by $50,000 which Bob will recover at the end of the products life cycle. The required rate of return is 10%.
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