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Gateway Communications is considering a project with an initial fixed assets cost of $ 1 . 6 7 million that will be depreciated straight -
Gateway Communications is considering a project with an initial fixed assets cost of $ million that will be depreciated straightline to a zero book value over the year life of the project. At the end of the project the equipment will be sold for an estimated $ The project will not change sales but will reduce operating costs by $ per year. The tax rate is percent and the required return is percent. The project will require $ in net working capital, which will be recouped when the project ends. What is the project's NPV
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