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3. A new computer system will cost a company $250,000 today. It will help reduce expenses by $50,000 per year for each of the next

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3. A new computer system will cost a company $250,000 today. It will help reduce expenses by $50,000 per year for each of the next four years. The computer will be depreciated using the MACRS 3 year life ciass. The tax rate is 29 percent. If the interest rate is 20 percent, what is the NPV of the proposed computer

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