Question: A company is considering a project that requires an initial investment of $660,000 and has a useful life of 11 years. Expected cash receipts from

 A company is considering a project that requires an initial investmentof $660,000 and has a useful life of 11 years. Expected cash

A company is considering a project that requires an initial investment of $660,000 and has a useful life of 11 years. Expected cash receipts from the project will be $195,000 each year. The salvage value of the assets used in the project will be $75,000. The company's tax rate is 35%. For tax purposes, the entire initial investment (without any reduction for salvage value) will be depreciated over 11 years. The company uses a discount rate of 18%. Provide the variables you entered into Excel and your final calculation of net present value after-tax. (If a varlable is not used in the calculation, Input a zero (O). Omit the "$" and "%" signs In your response. Round answers to the nearest dollar and use a minus sign ( - ) for negative numbers.) Excel Input: Rate Nper PMT PV FV D SO O $0 . Net present value Required: Compute the internal rate of return after-tax. Provide the variables you entered into Excel for the calculation. (If a variable is not used in the calculation, Input a zero (O). Omit the "$" and "%" signs In your response. Round answers to the nearest dollar/ whole number and use a minus sign (-) for negative numbers.) Excel / calculator Input: Rate Nper PMTC . PV FV Internal Rate of Return (IRR) 0 %

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