Question: Kodak Films is considering some new equipment whose data are shown below to replace their existing equipment which has a book value of $ 0

Kodak Films is considering some new equipment whose data are shown below to replace their existing equipment
which has a book value of $0. The required equipment has a 3-year tax life, and the accelerated rates for such
property are 33.33%,44.45%,14.81%, and 7.41% for Years 1 through 4 and it would have a positive pre-tax
salvage value at the end of Year 3, when the project would be closed down. Also, some new working capital
would be required, but it would be recovered at the end of the project's life. Revenues and other operating costs
are expected to be constant over the project's 3-year life. What is the project's NPV?
 Kodak Films is considering some new equipment whose data are shown

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