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Coyne Corporation is evaluating a capital investment opportunity. This project would require and Investment of $35.000 to purchase equipment. The well We of the equipment

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Coyne Corporation is evaluating a capital investment opportunity. This project would require and Investment of $35.000 to purchase equipment. The well We of the equipment is 4 years. The new project is expected to meet cash inflows of $15.000 per year for each of the four years. Coyne's required rate of return is 10%. The net present of this project is dosest to PV of 51 Factor in-4 1-10% 0.683 PV of Annuity Factor (.1-10% 3.170 TV of 51 Factor in-4,1-105: 1464 FV of Annuity Factor In-4, 1-10%), 4.641 5604 514 SSO 526377 $15.016

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