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An Investment that costs $23,500 will produce annual cash flows of $4,700 for a period of 6 years. Further, the investment has an expected salvage
An Investment that costs $23,500 will produce annual cash flows of $4,700 for a period of 6 years. Further, the investment has an expected salvage value of $2,850. Given a desired rate of return of 10%, what will the investment generate? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to the nearest whole dollar.) Multiple Choice A negative net present value of $1.422 A positive net present value of $1,524 A positive net present value of $19.883 A positive net present value of $23.500
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