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QUESTION 23 The project of CCPP has the following information about the project: Assume straight-line depreciation to zero. Initial investment = $40,000; life = 5

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QUESTION 23 The project of CCPP has the following information about the project: Assume straight-line depreciation to zero. Initial investment = $40,000; life = 5 years; pretax sales = $15,000 per year; Operating costs =0, tax rate = 34%; Required NWC is $15,000 , What is the NPV of this project, if discount rate is 11% 544 1856.3 2153.5 3836.3 4323.1 7353.31501176857 8467.23160415596 9237.29292133674

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