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Dog Up! Franks is looking at a new sausage system with an installed cost of $803,400. 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 $803,400. 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 $123,600. The sausage system will save the firm $247,200 per year in pretax operating costs, and the system requires an initial investment in net working capital of $57,680. If the tax rate is 23 percent and the discount rate is 15 percent, what is the NPV of this project? Multiple Choice \$-185,346.16 $194,613.47 $228,168.83 $165,59170 $247,923.29

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