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MHW is looking to launch a new TV game system with an up-front installed cost of $619,525. This cost would be depreciated straight-line to zero
MHW is looking to launch a new TV game system with an up-front installed cost of $619,525. This cost would be depreciated straight-line to zero over the project's 3-year life, at the end of which the TV game system can be sold off for $43,599. The TV game system will save the firm \$236,342 per year in pretax operating costs, and would require an initial investment in net working capital of $54,331, which would be released at the end of the project. If the tax rate is 20 percent and the discount rate is 10 percent, what is the NPV of this project? Report your answer with 2-digit precision (ex. 12.34). 33,921.87marginoferror+/1%
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