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Beyer Company is considering the purchase of an asset for $240,000. It is expected to produce the following net cash flows. The cash flows occur

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Beyer Company is considering the purchase of an asset for $240,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Assume that Beyer requires a 9% return on its investments (FV of $1, PV of $1, FVA of $1 and PVA of $1) a. Compute the net present value of this investment. b. Should Beyer accept investment? Yes No

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