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An investment that costs $26,500 will produce annual cash flows of $5,300 for a period of 6 years. Further, the investment has an expected salvage
An investment that costs $26,500 will produce annual cash flows of $5,300 for a period of 6 years. Further, the investment has an expected salvage value of $3,150. Given a desired rate of return of 12%, 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 positive net present value of $1,596 A positive net present value of $21,790 A positive nes present value of $26.500 A negative net present value of $334
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