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Calculate NPV Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $9, 350, has predicted cash inflows of $2,000

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Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $9, 350, has predicted cash inflows of $2,000 per year for 15 years, and has no salvage value. Required a. Using a discount rate of 14 percent, determine the net present value of the investment proposal

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