Company N will receive $80,000 of taxable revenue from a client. Use Appendix A and Appendix B.

Required:
Compute the NPV of the $80,000 assuming that Company N will receive $40,000 now (year 0) and $40,000 in year 1. The company’s marginal tax rate is 30 percent, and it uses a 6 percent discount rate.
Compute the NPV of the $80,000 assuming that Company N will receive $40,000 in year 1 and $40,000 in year 2. The company’s marginal tax rate is 40 percent, and it uses a 4 percent discount rate.
Compute the NPV of the $80,000 assuming that Company N will receive $16,000 now (year 0) and $16,000 in years 1, 2, 3, and 4. The company’s marginal tax rate is 10 percent, and it uses a 9 percent discount rate.