A project costs 10000 to pursue today and generates pre-tax


A project costs $10,000 to pursue today and generates pre-tax cost savings of $1,500 per year for the foreseeable future. The marginal tax rate is 35%. The project also requires an initial NWC investment of $300 which will not be required.

If the required return is 8%, what is the NPV?

What is the IRR?

Please provide all steps/work.

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Financial Management: A project costs 10000 to pursue today and generates pre-tax
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