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9 TB MC Qu. 7-91 (Static) Joetz Corporation has gathered... Joetz Corporation has gathered the following data on a proposed Investment project (Ignore Income
9 TB MC Qu. 7-91 (Static) Joetz Corporation has gathered... Joetz Corporation has gathered the following data on a proposed Investment project (Ignore Income taxes.): points 00:40:05 References Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Required rate of return $ 30,000 $ 6,000 $ 0 15 years 10% Click here to view Exhibit 7B-1 and Exhibit 7B-2, to determine the appropriate discount factor(s) using the tables provided. The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the Initial Investment. The net present value of the Investment is: Multiple Choice $15.636 $24,000 $45,636 $60,000
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