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Croce, Incorporated, Is Investigating an Investment in equipment that would have a useful Iffe of 12 years. The company uses a discount rate of 17%

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Croce, Incorporated, Is Investigating an Investment in equipment that would have a useful Iffe of 12 years. The company uses a discount rate of 17% in its capital budgeting. The net present value of the Investment, excluding the salvage value, Is $580,153. (Ignore income taxes.) Click here to vlew and , to determine the approprlate discount factor(s) using the tables provided. How large would the salvage value of the equipment have to be to make the Investment in the equlpment financlally attractlve? Note: Round your Intermedlate calculations and final answer to the nearest whole dollar amount. Multiple Choice $580,153 $3,412,665 $98,626 $3,816,796

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