Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company FIN3610-ETRA just launched a new project. The required return is 10% The project will last for 3 years. Every year, the revenues generated from

image text in transcribed
Company FIN3610-ETRA just launched a new project. The required return is 10% The project will last for 3 years. Every year, the revenues generated from the project will be 51780.000, and the costs from the project will be $676.000 The nitial investment on this project is equal to 52,37 million, which will follow the three-year MACRS depreciation schedule MACES schedule The salvage value will be $390,000 In addition, the project requires an initial $390,000 investment in net working copinat of the tax rates 24. what is the NPV of this project Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to two decimal places .. 1234,567.09 NPV

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions