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A risky $460,000 investment is expected to generate the following cash flows: Year 1 2 3 4 $ 128,700 $ 173,605 $ 156,762 $ 144,900
A risky $460,000 investment is expected to generate the following cash flows:
| Year | 1 | 2 | 3 | 4 | ||||||||
| $ | 128,700 | $ | 173,605 | $ | 156,762 | $ | 144,900 | |||||
- If the firms cost of capital is 8 percent, should the investment be made? Use Appendix B to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar.
NPV: $______
The investment -Select-(should, should not) be made
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