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can someone please help me with this View Policies Show Attempt History Current Attempt in Progress 6 Your answer is incorrect. Blossom Corporation, an amusement
can someone please help me with this
View Policies Show Attempt History Current Attempt in Progress 6 Your answer is incorrect. Blossom Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $139,190 and have an estimated useful life of 8 years. It can be sold for $60.000 at the end of that time. (Amusement parks need to rotate exhibits to keep people interested.) It is expected to increase net annual cash flows by $20,000. The company's borrowing rate is 8%. Its cost of capital is 10%. Click here to view the factor table. Calculate the net present value of this project to the company and determine whether the project is acceptable. (If the net present value is negative, use either a negative sign preceding the number es 45 or parentheses eg (45). For colculation purposes, use 5 decimal places as displayed in the foctor table provided. Round present value answer to 0 decimal ploces, es. 125.) Net present value Step by Step Solution
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