Question: please complete the answer without rounding D Question 17 Thomson Media is considering investing in some new equipment whose data are shown below. The equipment

please complete the answer without rounding

 please complete the answer without rounding D Question 17 Thomson Media

D Question 17 Thomson Media is considering investing in some new equipment whose data are shown below. The equipment has a 3-year class life and will be depreciated by the MACRS depreciation system, and it will have a positive pre-tax salvage value at the end of Year 3, when the project will be closed down. Also, some new working capital will be required, but it will be recovered at the end of the project's life. Revenues and cash operating costs are expected to be constant over the project's 3-year life. What is the project's NPV? Enter your answer rounded to two decimal places. Do not enter Sor comma in the answer box For example, it your answer is $12.300.456 then enter as 12300.46 in the answer box WACC 14.056 Net investment in fixed assets (depreciable basis) $60,000 Required new working capital $10,000 Sales revenues, each year $75,000 Operating costs excl. depr'n, each year $30,000 Expected pretax salvage value $7,000 Tax rate 35.096

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