Question: An all equity financed project has a 5 - year life and is expected to generate the following net income: year 1 : (
An all equity financed project has a year life and is expected to generate the following net income: year : $ year : $ year : $ year : $ year : $ The project has no working capital. The production equipment for the project was purchased at time for $ and depreciated straightline to $ over the life of the project. The equipment is sold for $ at the end of the project. The project cost of capital is The tax rate is What is the NPV of the project? Give your answer to the nearest whole dollar.
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