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Dog Up! Franks is looking at a new sausage system with an installed cost of $756,600. 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 $756,600. This cost will be depreciated straight-line to zero over the project's 3-year life, at the end of which the sausage system can be scrapped for $116,400. The sausage system will save the firm $232,800 per year in pretax operating costs, and the system requires an initial investment in net working capital of $54,320. If the tax rate is 23 percent and the discount rate is 13 percent, what is the NPV of this project? Multiple Choice $-196,388.21 $-150,945.03 $-213,061.73 $-158,492.28 $-134,271.51

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