Question: Please answer both, thanks! 02 E123 Gerard, a not-for-profit entity, is considering the acquisition of a baseball winder that costs $56,200 The baseball winder has

Please answer both, thanks!  Please answer both, thanks! 02 E123 Gerard, a not-for-profit entity, is

02 E123 Gerard, a not-for-profit entity, is considering the acquisition of a baseball winder that costs $56,200 The baseball winder has an expected life of 10 years and is expected to reduce production costs by $9,000 a year. Gerard's hurdle rate is 12 percent. What is the net present value of this project? Should Gerard undertake this investment? Why? E1 24 Refer to E12.3. What is the payback period on this investment? Is that good

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