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Dog Up! Franks is looking at a new sausage system with an installed cost of $397,800. This cost will be depreciated straight-line to zero over

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Dog Up! Franks is looking at a new sausage system with an installed cost of $397,800. This cost will be depreciated straight-line to zero over the project's 9-year life, at the end of which the sausage system can be scrapped for $61,200. The sausage system will save the firm $122,400 per year in pretax operating costs, and the system requires an initial investment in net working capital of $28,560. If the tax rate is 21 percent and the discount rate is 9 percent, what is the NPV of this project? Multiple Choice $237,564.28 $244,414.86 $222,154.09 $256,635.60 $259,825.04

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