Question: firm's WACC is 1 6 % . The old machine has been fully depreciated and has no salvage value. What is the NPV of the

firm's WACC is 16%. The old machine has been fully depreciated and has no salvage value.
What is the NPV of the project? Negative value, if any, should be indicated by a minus sign. Round your answer to the nearest cent.
$
Should the old riveting machine be replaced by the new one?
firm's WACC is 16%. The old machine has been fully depreciated

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