A steel company wishes to replace the lighting in its warehouse with an energy efficient LED system.

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A steel company wishes to replace the lighting in its warehouse with an energy efficient LED system. Installing the new lighting system will cost$1.5 million, but is expected to generate a cost savings of $ 140 comma 000

$140,000 per year for the next 25years, when the new lights will need to be replaced. If the steel company has a cost of capital of6%, what is the NPV of thisinvestment?

Posted Date: May 17, 2024 04:02 AM

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A steel company wishes to replace the lighting in its warehouse with an energy efficient LED system.

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