Question: Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment Project H represents an investment in a hydraulic lift

Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment Project H represents an investment in a hydraulic lift Keller wishes to use a net present value profile in comparing the projects. The investment and cash flow patterns are as follows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods Project E ($52.000 Investment) Year Cash Flow 1 $ie, eee 2 14, eee 3 24, eee 31, Bee Project H (547,00 Investment) Year Cash Flow 2 $27,000 2 19,6ee 3 15, eee a. Determine the net present value of the projects based on a zero percent discount rate Net Present Value Project E Project H b. Determine the net present value of the projects based on a discount rate of 9 percent. (Do not round intermediate calculations and round your answers to 2 decimal places) Net Present Value Project E Project H
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