Given the following information and assuming a cca rate of


Given the following information and assuming a CCA rate of 20%, what is the NPV of this project?

• Initial investment = $400,000;
• life = five years;
• before-tax cost savings = $150,000 per year;
• salvage value = $30,000 in year 5;
• tax rate = 34%;
•discount rate = 14%.

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Financial Management: Given the following information and assuming a cca rate of
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