(Ignore income taxes in this problem. )The Sawyer Corporation has $80, 000 to invest and is considering two different projects, X and Y.The following data are available on the projects: Both projects will have a useful life of 5 years;at the end of 5 years, the working capital will be released for use elsewhere.Sawyer's discount rate is 12%. The net present value of project X is closest to:

Question

(Ignore income taxes in this problem. )The Sawyer Corporation has $80, 000 to invest and is considering two different projects, X and Y.The following data are available on the projects:  Both projects will have a useful life of 5 years;at the end of 5 years, the working capital will be released for use elsewhere.Sawyer's discount rate is 12%. The net present value of project X is closest to:

Quizplus · Accepted Answer

The Answer of (Ignore income taxes in this problem. )The Sawyer Corporation has $80, 000 to invest and is considering two different projects, X and Y.The following data are available on the projects:  Both projects will have a useful life of 5 years;at the end of 5 years, the working capital will be released for use elsewhere.Sawyer's discount rate is 12%. The net present value of project X is closest to:

(Ignore Income Taxes in This Problem