Problem $10-11$ Calculating Project Cash Flow from Assets $[$LOH$]$

Chauhan Enterpripes is considering a new three$-$year expansion project that requires an initial fred asset investment of $32\mathrm{.}37$ mallign. The flapd asset wal be depreciabed straighe$-$line to zero over its three$-$yew tax life. The project is estimabed to generate $54780,000$ in wat have a market waloe of $$1900000$ st the end of the project.

a$.$ If the las rate is $24$ pevcent, mhat is the projecrs Kear $0$ net cash fow? Year $P$ Mear $27$ Year $3$ P Note: A negothee anower should be indicated by a minus sign. De not round intermediate calculations and enter pour answevs in dollars, net mililons of dollars, e$\mathrm{.}9.1234,567$

b$.$ Fthe iequired retum is $10$ percent, what is the projects NPIV?

Nete: Do net round intermetediate calculations thed nound your anuwer le $2$ decimal places. $9\mathrm{.}32\mathrm{.}16\mathrm{.}3$

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