Question: 10 points A project to replace an old machine with a new one is under consideration. The new machine costs $9800 and requires an additional

 10 points A project to replace an old machine with a

10 points A project to replace an old machine with a new one is under consideration. The new machine costs $9800 and requires an additional working capital investment of 100. The old machine 55500 salvage value. Calculate the initial Outlay of this replacement project assuming the book value of the old asset is $2000. The firm's marginal tax rate is 55,800 55,700 $11.300 53,000 None of the listed choices is correct

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