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Can you please help with the attached problem? Its for FIN 451 at Penn State O / 5 pts Question 1 Atlantic Manufacturing is considering

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Can you please help with the attached problem? Its for FIN 451 at Penn State

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O / 5 pts Question 1 Atlantic Manufacturing is considering a new investment project that will last for four years. The delivered and installed cost of the machine needed for the project is $22,390 and it will be depreciated according to the three-year MACRS schedule. The project also requires an initial increase in net working capital of $308. Financial projections for sales and costs are in the table below. In addition, since sales are expected to fluctuate, NWC requirements will also fluctuate. The end-of-year NWC requirements are included below (hint: these NWC capital requirements DO NOT represent the change in NWC for the period). The $0 requirement for NWC at the end of year 4 means that all NWC is recovered by the end of the project. The corporate tax rate is 35% and the required return on the project is 12%. Year Sales Costs NWC Requirements 1 $11,379 2,243 332 2 $12,886 2,745 359 3 $13,228 3,340 237 4 $10,712 1,335 What is the project's NPV? (Round answer to 2 decimal places. Do not round intermediate calculations). Topic: Capital Budgeting Problem 2,805.8 margin of error +1-0.1 (l A 2) (INV*O.

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