Below is the information about an asset replacement project Calculate the NPV of the project An automated drill press was purchased 10 years ago that had an estimated economic life of 20 years The drill press originally cost $150,000 and has been fully depreciated The market value of this drill press is $40,000 If the firm does not replace the old drill press and keep on using it for 10 years, it can sell the old drill press for $5000 at the end of the 10 year period The company is considering r

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