question 20-21 please

20) As part of the NPV analysis fer a project, you want to take into account all the elfects of the purchase. sale and tax impacts from a particular asset used for the precect The ase was parchased for 12. million at the beginning of the preiect It is expected to be sold for 5750,000 is 6 years. It fallo ing : CCA asset classwith a respective rate of 25%. The corparation's tax rame is 35% and the selevam opportunity cost of capital is 107 . What is the everall iempact of this on the NPV of the projech? A) $371,433,87 B) $713,636.36 C) $1,205,210,69 D) $1,576,64455 E) 51,628,566,13 21) ABC company is consideriag ibvesting in a new project to expand its production tine. The project requires an initial investment of $150,000 and will generate a profit of $31,000 each year for: following 6 years after the investment (the firs profit will octur cee year after the initial invertmeen) If the appropriate discount rate is 12%, the payback period of this project is closest to:- A) 7 years B) 6 years C) 4 years D) 5 years E) 8 years 22) Consider the following projects The Hollywood Fashion Company (HFC) has the above cight positive NPV projects to claose from. However, the HFC has ooly 75 costame desigaters that can work for the projects. Given this constraim, which projects should be selected? A) A, B, C B) A,B,C,F C) A,B,C,E,F D) A,B,C,F,G E) A,B,C,D,E