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The manager of company A is thinking about adding an air conditioner to the office. The AC will cost $ 1 9 1 0 to
The manager of company is thinking about adding an air conditioner to the office. The AC will cost $ to buy and install. The manager plans to use the AC for years and each year's depreciation rate is of the purchase price. The manager expects to sell the in years for $ The tax rate is and the company's WACC is If the manager considers this purchase of AC as an investment, what is the NPV keep two decimal places and assume that the AC will not affect the operations of the company
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