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You are CFO and must decide if you will market, produce, and sell widgets. The initial after-tax costs will be $660,000. The project will generate

You are CFO and must decide if you will market, produce, and sell widgets. The initial after-tax costs will be $660,000. The project will generate after-tax cash flows of $52,000 for each year for 25 years. The net salvage value (NSV) of the project will be $50,000 000 (which occurs at the end of the project). Finally, the marginal cost of borrowing for this project will be 6.37%. What is the NPV?

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