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A capital investment has an initial cost of $550,000. At the end of each of the next 9 years, it is expected to produce cash

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A capital investment has an initial cost of $550,000. At the end of each of the next 9 years, it is expected to produce cash inflows of $136,000 and cash outflows of $63,000. After 9 years, it is expected to have a residual value of $11,000. Using a discount rate of 8%, what is this investment's net present value? A capital investment has an initial cost of $550,000. At the end of each of the next 9 years, it is expected to produce cash inflows of $136,000 and cash outflows of $63,000. After 9 years, it is expected to have a residual value of $11,000. Using a discount rate of 8%, what is this investment's net present value

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