1. The project of Ucana's has the following information about the project:

   Assume straight-line depreciation to zero. Initial investment = $20; life = 5 years; pretax sales = $20 per year;Total operating costs =5, tax rate = 34%; No Salvage Value.Required NWC is $15, What is the NPV of this project, if discount rate is 10%

   The project of Ucana's has the following information about the project:

   Assume straight-line depreciation to zero. Initial

   investment = $20; life = 5 years; pretax sales = $20 per year;

   Total operating costs =5, tax rate = 34%; No Salvage Value.

   Required NWC is $15, What is the NPV of this project, if discount rate is

   10%

2. 		$13.7
   		$15.5
   		$18.5
   		$23.5
   		$17.0