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An investment that costs $24,000 will produce annual cash flows of $4,800 for a period of 6 years. Further, the investment has an expected salvage
An investment that costs $24,000 will produce annual cash flows of $4,800 for a period of 6 years. Further, the investment has an expected salvage value of $2,900. Given a desired rate of return of 12%, what will the investment generate? Use Appendix Table 1 and Table 2. (Do not round intermediate calculations. Round your answer to the nearest whole dollar.) Multiple Choice A negative net present value of $2,796. 0 A positive net present value of $24,000. 0 A positive net present value of $20,306. 0 A positive net present value of $1,550
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