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ANSWER IN THE NEXT HOUR WILL UPVOTE IF CORRECT! Flint Company is considering investing in a project that will cost $174.400 and have no salvage

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Flint Company is considering investing in a project that will cost $174.400 and have no salvage value at the end of its 5-year life. It is estimated that the project will generate annual cash flows of $46,000 each year. The company requires a 9% rate of return and uses the following compound interest table: Present Value of an Annuity of 1 Period 6% 8% 9% 10% 11% 12% 15% 5 4.21236 3.99271 3.88965 3.79079 3.69590 3.60478 3.35216 Click here to view PV tables. (a) Compute the net present value and the profitability index of the project. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round profitability index to 2 decimal places, e.g. 15.25 and net present value to 0 decimal places, e.g. 5,275.) Net present value $ Profitability index

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