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compute the net present value for project CC (round final answers to nearest whole dollar) Doug's Custom Construction Company is considering three new projects, each
compute the net present value for project CC (round final answers to nearest whole dollar)
Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $26,840. Each project will last for 3 years and produce the following net annual cash flows. The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12%. Click here to view PV tableStep by Step Solution
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