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Topic: Business
Number of pages / Number of words: 4 / 852
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The tax rate may increase to an extent that would make the NPV become negative. We assumed the new machine has no salvage value. It may not be the case 12 years later. However, errors in forecasting terminal disposal value are seldom critical for long-term project because the present value of amounts received in the distant future is usually small...


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The tax rate may increase to an extent that would make the NPV become negative. We assumed the new machine has no salvage value. It may not be the case 12 years later. However, errors in forecasting terminal disposal value are seldom critical for long-term project because the present value of amounts received in the distant future is usually small...


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