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Blossom Company is considering a long-term investment project called ZIP. ZIP will require an investment of $124,000. It will have a useful life of four
Blossom Company is considering a long-term investment project called ZIP. ZIP will require an investment of $124,000. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $80,900, and annual cash outflows would increase by $41,500. In addition, the company's required rate of return is 11%. Click here to view the factor table. (a) Calculate the net present value on this project
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