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Check my work Required information The following information applies to the questions displayed below.) Peng Company is considering an investment expected to generate an average

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Check my work Required information The following information applies to the questions displayed below.) Peng Company is considering an investment expected to generate an average net income after taxes of $2,800 for three years. The investment costs $50,400 and has an estimated $8,400 salvage value. Assume Peng requires a 10% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate foctor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Cash Flow Select Chart Amount * PV Factor Present Value 0 Annual cash flow Residual value Net present value Activate Windows Go to Settings to search OB! e 9 ALGA

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