Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $33,000 to purchase equipment. The equipment will have a residual value at the end of its life of $2,000. The useful life of the equipment is 4 years. The new project is expected to penerate additional net cash inflows of $15.000 per year for each of the four years. Coyne's required rate of return is 10%. The represent value of this project is closest to PV of $1 Factor (n. 1-10%): 0,683 PV of Annuity Factor in 4. l-10%): 3.170 FV of $1 Factor in 4.1-10%): 1464 FV of Annuity Factor in-4,1-10): 4.641 526322 $14550 51916 $604