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Triblaze Corp. is considering buying a new truck. The cost of the truck is 562,000 (the only initial investment outlay), and the cash savings the
Triblaze Corp. is considering buying a new truck. The cost of the truck is 562,000 (the only initial investment outlay), and the cash savings the new truck is expected to generate during its life are $18,620, $23,700, and $35,690, respectively. Trailblaze's required rate of return is 11.5 percent. The net present value (NPV) of the truck is O a. S110,770.94 O b.-$439.82 O c. $123,509.60 O d. -$490.40
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