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Your boss asked you to evaluate a project with an infinite life. Sales and costs project to $2,500 and $1,000 per year, respectively. (Assume sales
Your boss asked you to evaluate a project with an infinite life. Sales and costs project to $2,500 and $1,000 per year, respectively. (Assume sales and costs occur at the end of the year [i.e., profit of $1,500 at the end of year one]). There is no depreciation and the tax rate is 32 percent. The required rate of return is 12 percent. If the project costs $6,000 what is the NPV
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