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Assuming that the desired rate of return is 6%, determine the net present value for the proposal. Use the table of the present value of
Assuming that the desired rate of return is 6%, determine the net present value for the proposal. Use the table of the present value of $1 presented above. If required, round to the nearest dollar.
Present value of net cash flow | $ |
Amount to be invested | $ |
Net present value | $ |
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