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Carson trucking is considering whether to expand its regronal service center in Mohab, UT. The expansion requires the expenditure of $10,500,000 on new service equipinent

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Carson trucking is considering whether to expand its regronal service center in Mohab, UT. The expansion requires the expenditure of $10,500,000 on new service equipinent and would generate annual net cashinfow from reduced costs of operations equal to $3,000,000 per year for each of the next 7 years. In year 7 the firm will also get back a cash flow equal to the salvage value of the equipment, which is value. at 21 million. Thus in year 7 the investment eash inflow to tals $4,000,000. Calculate the project's NPV using a discount rate of 8 penent. If the discount rate is 8 percent, then the Project's NPV is \&

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