FM corporation’s new project will generate the operating
cashflow by $56,200 per year for next five years. The equipment
needs $238,900 of initial investment. After the investment period,
the salvage value of equipment will be $67,000 after paying taxes.
Assuming the required return is 15.2%, what is the NPV of this
project?
$14,731.78
-$21,322.64
-$18,374.86
-$14,731.78
$17,534.09