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If the company cost of capital is 8% what is the net present value? Newport Corporation is considering the purchase of a new piece of

If the company cost of capital is 8% what is the net present value? image text in transcribed
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Newport Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net cash fiow of $212.000. The equipment will have an initial cost of $957000 and a 6 -year useful life with no salvage value. If the compony's cost of capital is \$8, what is the net present value? (Euture Value of \$1. Present Value of \$1. Future Value Annuity of s1. Present Value Annulfy of \$1.) Note: Use the appropriate factor from the PV tables. Mainiole crioke s9500s5 523.055 539000 5957,000

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