Ptoject net present value

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A project has an initial requirement of $94,705 for equipment. The equipment will be depreciated to a zero book value over the 6-year life of the project. The investment in net working capital will be $3,933. All of the net working capital will be recouped at the end of the 5 years. The equipment will have an estimated salvage value of $21,753. The annual operating cash flow is $38,519. The cost of capital is 19 percent. What is the project's net present value if the tax rate is 8 percent?

Reference no: EM132393549

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