a company has a new investment project, which lasts for five years. the project requires a...

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a company has a new investment project, which lasts for five years. the project requires a purchase of a new machine, which costs $1 million. according to a straight line depreciation rule, the initial investment can be depreciated to zero over the next five years. the machine has no salvage value at the end. operating revenue is projected to be $400,000 for the 1st year and will grow 15% annually after the first year. operating cost for raw materials are $100,000 for the first year and will be appreciated by 5%. the corporate tax rate is 23.6%, and risk adjusted discount rate is 12%. -what are the net cash flows for this new investment project - what is the NPV of this project -how do you interpret the calculated NPV a company has a new investment project, which lasts for five years. the project requires a purchase of a new machine, which costs $1 million. according to a straight line depreciation rule, the initial investment can be depreciated to zero over the next five years. the machine has no salvage value at the end. operating revenue is projected to be $400,000 for the 1st year and will grow 15% annually after the first year. operating cost for raw materials are $100,000 for the first year and will be appreciated by 5%. the corporate tax rate is 23.6%, and risk adjusted discount rate is 12%. -what are the net cash flows for this new investment project - what is the NPV of this project -how do you interpret the calculated NPV a company has a new investment project, which lasts for five years. the project requires a purchase of a new machine, which costs $1 million. according to a straight line depreciation rule, the initial investment can be depreciated to zero over the next five years. the machine has no salvage value at the end. operating revenue is projected to be $400,000 for the 1st year and will grow 15% annually after the first year. operating cost for raw materials are $100,000 for the first year and will be appreciated by 5%. the corporate tax rate is 23.6%, and risk adjusted discount rate is 12%. -what are the net cash flows for this new investment project - what is the NPV of this project -how do you interpret the calculated NPV a company has a new investment project, which lasts for five years. the project requires a purchase of a new machine, which costs $1 million. according to a straight line depreciation rule, the initial investment can be depreciated to zero over the next five years. the machine has no salvage value at the end. operating revenue is projected to be $400,000 for the 1st year and will grow 15% annually after the first year. operating cost for raw materials are $100,000 for the first year and will be appreciated by 5%. the corporate tax rate is 23.6%, and risk adjusted discount rate is 12%. -what are the net cash flows for this new investment project - what is the NPV of this project -how do you interpret the calculated NPV