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What is the PV of the after tax EBIDTAs for the following replacement project? The new equipment will be depreciated down to zero using straight-line

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What is the PV of the after tax EBIDTAs for the following replacement project? The new equipment will be depreciated down to zero using straight-line depreciation over its 10 -year life. The project is a 10-year project. The market value of the new equipment at the end of year 10 is expected to be 0 . The new equipment will replace an existing old equipment that has 10 years left of depreciation at a $4,000 a year. The estimated before tax proceeds from selling this existing equipment is $29,000 today. The market value in 10 years for this old equipment would be 0 . The new equipment will generate annual cost savings of $10,000 before taxes. The tax rate is 40% and the discounting rate is 11%. For your answer, round to the nearest dollar (no need to enter decimals), DO NOT use commas, do not use the dollar ($) sign, and if the cash flow is negative enter the () sign in front of the first digit

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