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The Derry Corp. is considering a three-year project. Assume straight-line depreciation with no salvage value remaining. Calculate the NPV to the nearest cent. WACC 8.5%

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The Derry Corp. is considering a three-year project. Assume straight-line depreciation with no salvage value remaining. Calculate the NPV to the nearest cent. WACC 8.5% Additional investment in fixed assets at t=0 $75,000 Annual sales (constant for three years starting t = 1) $75,000 Operating costs (excl. depreciation) (also constant also 3 years $25,000 Tax rate 21.0%

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