Question
Future Semiconductors is evaluating a new etching tool. The equipment costs $1.0 million and will generate after-tax cash inflows of $0.4 million per year for
Future Semiconductors is evaluating a new etching tool. The equipment costs $1.0 million and will generate after-tax cash inflows of $0.4 million per year for six years. Assume the firm has a 12% cost of capital. Whats the NPV of the investment?
| $0.51m | ||
| $0.64m | ||
| $1.51m | ||
| $1.69m |
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 9780138596873
