FIN571 WEEK 6 - All 5 Answers
Question # 00029785
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Updated on: 10/29/2014 01:05 PM Due on: 10/09/2015
1. Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,968,450. have a life of five years, and would produce the cash flows shown in the following table.
Year Cash Flow
1 $512,496
2 -242,637
3 814,558
4 887,225
5 712,642
What is the NPV if the discount rate is 15.9 percent? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.)
NPV is $_____________
Year Cash Flow
1 $512,496
2 -242,637
3 814,558
4 887,225
5 712,642
What is the NPV if the discount rate is 15.9 percent? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.)
NPV is $_____________
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Solution: All 5 Solutions