Mystic Metal Stamping is analyzing a special investment project. The project will require the purchase of two machines for and (both machines are required). The total residual value at the end of the project is . The project will generate cash inflows of per year over its year life. If Mystic requires a % return, what is the net present value (NPV) of this project? LOADING...(Click the icon to view the present value of $1 table.) LOADING...(Click the icon to view the present value of annuity of $1 table.) A. B. C. D.

Mystic Metal Stamping is analyzing a special investment project. The project will require the purchase of two machines for $20,000 and $9,000 (both machines are required). The total residual value at the end of the project is $1,300. The project will generate cash inflows of $14,000 per year over its 8-year life. If Mystic requires a 6% return, what is the net present value (NPV) of this project? (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) A. $57,940 i i Data Table Data Table - B. $23,038 C. $24,192 D. $58,755 Present Value of $1 Period 4% 6% 6% 8% 0.630 6 0.790 0.731 0.676 0.625 8 0.705 0.627 0.558 0.497 Present Value of Annuity of $1 Periods 4% 6 5.242 8 6.733 10 8.111 4.917 6.210 7.360 8.384 0.540 0.463 0.397 8% 4.623 5.747 6.710 7.536 10 12 12 9.385 Print Done Print Done