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A company is considering investing in loading equipment. The project would require an initial investment of $85,000 and would have a useful life of 3
A company is considering investing in loading equipment. The project would require an initial investment of $85,000 and would have a useful life of 3 years with a residual value of zero. The cash inflows associated with the project are the following: Year Cash Flow 1 $51,750 2. 23,000 3 49,500 What is the net present value of the project, given the relevant discount rate is 8%
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