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Beyer Company is considering the purchase of an asset for $235.000. 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 $235.000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 9% return on its investments PV of $1 FV of $1 PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) het cash flows Year 1 Year 2 $85,000 $59.000 Year $99,000 Year 4 $142,000 Years $58,000 Total $443,000 a. Compute the net present value of this investment (Round your answers to the nearest whole dollar.) Answer is complete but not entirely correct. Present Present Year Net Cash Value of Value of Flows 1 at 9% Net Casti Flow 1 $15.000 091745 77,082 2 50.000 0.3417 49.000 3 00,000 0.7722 70,440 4 142.000 0.7014 100,5873 5 50.000 0.6499 37.6003 Totals 5 445.000 $ 342,380 Amount relied 235,000 167 0000 Flows 1 at 9% 0.9174 0.8417 0.7722 0.7084 1 $ 85,000 2 59,000 3 99,000 4 142,000 5 58,000 Totals $ 443,000 Amount invested Net present value Net Cash Flows S 77,982 49,659 76,446 100,597 37,696 $ 342,380 235,000 $ 107,380 0.6499 b. Should Beyer accept the investment? Yes No

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