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please answer all questions according to the data in picture one Jefferson County's Board of Representatives is considering the purchase of a site for a

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Jefferson County's Board of Representatives is considering the purchase of a site for a new sanitary landfill. The purchase price for the site is $250,000 and preparatory work will cost $44,400. The landfill would be usable for 10 years. The board hired a consultant, who estimated that the new landfill would cost the county $40,000 per year less to operate than the county's current landfill. The current landfill also will last 10 more years. For a landfill project, Jefferson County can borrow money from the federal government at a subsidized rate. The county's hurdle rate is only 4 percent for this project. Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Exercise 16-24 Net Present Value (Section 1) (LO 16-1) Required: a. Compute the net present value of the new landfill. Net present value b. Should the board approve the project? Yes NO Required: a. Calculate the landfill project's Internal rate of return to the nearest whole percent. Internal rate of return 6% b. Should the board approve the project? Yes O No Exercise 16-26 Recovery of Investment (Section 1) (LO 16-1, 16-2) Required: Calculate the recovery of Investment and return on investment for Jefferson County's landfill project. (Round your answers to the nearest dollar amount. Final answer may be slightly off due to rounding error.) Year 6 10 Unrecovered Investment at beginning of your Cost savings during your Rotum on unrecovered investment Recovery of investment Unrecovered investment at end of year

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