What is the net present value of the mechanical drying equipment investment opportunity (as of December 1985) assuming a 12% cost of capital for Paperco. Assume the rumored new tax proposal is not enacted and that the new drying equipment replaces the old equipment in December 1986.

NPV=0.893*Investment cost

Explanation:

Net Present Value, NPV = (Cash flows)/( 1+r)ⁿ

r=cost of capital = 12%

n= period= 1 year

Cash flow = initial investment/inflow

NPV=Cashflow/(1+0.12)¹

NPV=0.893*Investment cost

the dominoes began to fall. the surrender at appomattox took place a week later on april 9. while it was the most significant surrender to take place during the civil war, gen. robert e. lee, the confederacy's most respected commander, surrendered only his army of northern virginia to union gen. ulysses s. grant

explanation:

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explanation:

why not?