Question: YUI Will Save this response. uestion 20 Question 20 A project to replace an old machine with a new one is under consideration. The new

YUI Will Save this response. uestion 20 Question 20 A project to replace an old machine with a new one is under consideration. The new machine costs $11700 and requires an additional working Capital investment of 5750. The old machine 5 points expected to have a 750 salvage value. Calculate the initial Outlay of this replacement project assuming the book value of the old asset is $1500. The firm's marginal tax rate la 55 $11,287.50 $10.537.50 O $12,037.50 $12,112.50 None of the listed choices is correct

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