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Your company is considering a new project of 3 years. The initial investment on the the machine costs $ 3 7 0 , 1 8
Your company is considering a new project of years. The initial investment on the the machine costs $ and will be depreciated on a straightline basis to zero over the project life. The machine will become worthless in the end. The project will brings in annual operating cash flow of $ It also requires an additional investment in net working capital of $ initially, which will be fully recovered at the end of the project. The tax rate is The discount rate is Please compute the NPV of this project. Round answers to two decimals, such as
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