Question: A project costs $ 6 0 , 0 0 0 and will be depreciated straight - line to zero over its 4 year life. The

A project costs $60,000 and will be depreciated straight-line to zero over its 4 year life. The project generates OCF of $18,000 and the fixed assets will be sold for $7,000 at the termination of the project. If the firm has a tax rate of 34% and a required return of 10%, what is the NPV?

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