pints Click here to view Exhibit 138-1 and Exhibit 138-2, to determine the appropriate discount factor(s) using tables eBook Chapter 12: Applying Excel: Exercise Files 2. The company is considering a project involving the purchase of new equipment Change the data area of your worksheet to match the following: Use Exhibit 128-1 and Exhibit 128-2. (Use appropriate factor(s) from the tables provided.) Print B eference A 1 Chapter 12: Applying Excel 2 Data 3 4 Example E Cost of equipment needed 5 Working capital needed 6 Overhaul of equipment in four years 7 Salvage value of the equipment in five 8 years Annual revenues and costs: 9 Sales revenues 10 Cost of goods sold Out-of-pocket operating costs 12 Discount rate 13 $ 140,000 $ 50,000 $ 5,000 $ 30,000 11 $ 395,000 $ 280,000 $ 85,000 11 % a. What is the net present value of the project? (Negative amount should be indicated by a minus sign. Round your present value factor to 3 decimals and round all other intermediate calculations to nearest whole dollar.) Net present value c. The internal rate of return is between what two whole discount rates (e.g. between 10% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etc.)? The internal rate of return is between % and % d. Reset the discount rate to 11%. Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a positive net present value? Minimum salvage value required to generate a positive net present value