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Edelman Engineering is considering a piece of equipment in this year's capital budget. The cash outlay for the truck is -$25,100. The firm's cost of
Edelman Engineering is considering a piece of equipment in this year's capital budget. The cash outlay for the truck is -$25,100. The firm's cost of capital, WACC, is 13 percent. The expected cash inflows are as follows: YEAR Cash Flow 1 $5,500 2 $5,500 3 $5,500 4 $5,500 5 $5,500 6 $8,500 a. Calculate the NPV. b. Should the project be accepted or rejected
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