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Q.) Project Evaluation: you are considering a new pizza oven with an installed cost of $460. This cost will be depreciat

Posted: Mon Mar 21, 2022 4:32 pm
by answerhappygod
Q.) Project Evaluation: you are considering a new pizza
oven with an installed cost of
$460. This cost will be depreciated straight-line to zero over the
project’s five-year
life, at the end of which the oven can be scrapped for $55. The
oven will save you
$155 per year in pretax operating costs, and the system requires an
initial
investment in net working capital of $29. If the tax rate is 21
percent and the
discount rate is 10 percent, what is the NPV of this project?
(Please provide the excel formulas as well)