Question 20 (1 point) ABC Inc. is considering a project that requires an investment of $19,735 in net working capital (in year O) and $120,193 in fixed assets (in year O), which belong in a 30% CCA class. Assume the CCA pool will remain open. The unlevered net income of the project is $55,650 per year, over the four year life of the project. The tax rate is 34% and the required rate of return is 16%. The fixed assets have no salvage value. NWC will be recovered at the conclusion of the project (in year 5). What is the NPV of this project? 24,813 50000 56,314 -16.224 Page 4 of 5 Previous Page Next Page