Question: Pressco, Inc. ( 1 9 8 5 ) ( 1 ) What is the net present value of the mechanical drying equipment investment opportunity (

Pressco, Inc. (1985)
(1) What is the net present value of the mechanical drying equipment investment opportunity (as of December 1985) assuming a 12% cost of capital for Paperco. Assume the rumored new tax proposal is not enacted and that the new drying equipment replaces the old in December 1986.
 Pressco, Inc. (1985) (1) What is the net present value of

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