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Dog Up! Franks is looking at a new sausage system with an installed cost of $686.400. 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 $686.400. 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 S105,600. The sausage system will save the firm $211,200 per year in pretax operating costs, and the system requires an initial investment in net working capital of $49,280. If the tax rate is 21 percent and the discount rate is 13 percent, what is the NPV of this project? Multiple Choice O $279,765,57 O $259,234 64 $219,119.55 O $246,89013 $251.99498

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