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Cornfield Company is considering investing in some laser equipment that will cost $280,000. It will have a useful life of 5 years. Annual cash flow

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Cornfield Company is considering investing in some laser equipment that will cost $280,000. It will have a useful life of 5 years. Annual cash flow is expected to be 70,000 per year. The company's discount rate is 10% What is the Net Present Value of this project. $14,360 $70,000 $(14,370) $91,490 Cornfield Company is considering investing in some laser equipment that will cost $280,000. It will have a useful life of 5 years. Annual cash flow is expected to be 70,000 per year. The company's discount rate is 10% What is the Net Present Value of this project. $14,360 $70,000 $(14,370) $91,490

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