A firm is considering a new project that will generate cash revenue of $1,300,000 and cash expenses
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A firm is considering a new project that will generate cash revenue of $1,300,000 and cash expenses of $700,000 per year for five years. The equipment necessary for the project will cost $300,000 and will be depreciated straight-line over four years. What is the NPV if the firm's marginal tax rate is 35% and discount rate is 10%?
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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