Given the following information to outfit a new Fed-Ex duplicating facility in the United States, what is the After Tax Salvage Value in Year 5?: Facility construction: $15M NWC: $1M OCF: $3.65M Project lifespan: 5 years Salvage Value at end-of-life: $2M Book Value at end-of-life: $0 Marginal tax rate: 35% WACC: 10%

possible answers :

$2.0M

-$2.0M

$0.7M

$1.3M