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Please provide Excel explanation with functions. Thank you! 12. You want to invest $85,000 in a major new product rollout. You believe it will generate
Please provide Excel explanation with functions. Thank you!
12. You want to invest $85,000 in a major new product rollout. You believe it will generate EBIT of 71,300 for the next 5 years. The investment will be straight-line depreciated to $0 book value at the end of the 5 years. This rollout will also require an investment in NWC of $11,000 in year 0, which will be returned at the end of the project. The tax rate is 21% and the required return is 14%. What is the NPV, IRR of the projectStep by Step Solution
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