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Question 4 2 pts A new washer costs $15,000. The old one is fully depreciated and can be sold for $5,000. The new washer will
Question 4 2 pts A new washer costs $15,000. The old one is fully depreciated and can be sold for $5,000. The new washer will last 8 years and save $5,000 per year in expenses. The new washer will be depreciated on a straight line basis to zero. The tax rate is 21% and the required return is 12%. What is the NPV of this project? Answer to 2 decimals places, for example 543.12. 1
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