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mapter 10 Saved Dog Up! Franks is looking at a new sausage system with an installed cost of $608,400. This cost will be depreciated straight-line

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mapter 10 Saved Dog Up! Franks is looking at a new sausage system with an installed cost of $608,400. This cost will be depreciated straight-line to zero over the project's 8-year life, at the end of which the sausage system can be scrapped for $93,600. The sausage system will save the firm $187,200 per year in pretax operating costs, and the system requires an initial investment in net working capital of $43,680. If the tax rate is 22 percent and the discount rate is 11 percent, what is the NPV of this project? Multiple Choice $247,873.56 $204.389.95 o search )

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