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Easter Tech is considering a new project that will require $ 1 2 9 , 0 0 0 of fixed assets and NWC of $
Easter Tech is considering a new project that will require $ of fixed assets and NWC of $ The fixed assets will be depreciated on a straightline basis to zero salvage value over years. The project is expected to produce an operating cash flow of $ in the first year with that amount decreasing by annually for two years before the project is shut down. The fixed assets can then be sold for $ at the end of the project, and all of the working capital will be recovered. The discount rate is and the tax rate is Calculate NPV
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