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Croce, locis investigating an investment in equipment that would have a useful life of 9 years. The company uses a discount rate of 16% in

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Croce, locis investigating an investment in equipment that would have a useful life of 9 years. The company uses a discount rate of 16% in its capital budgeting The net present Value of the investment excluding the salvage values -$579,464 ignore income taxes.) Click here to view Exb284 and Exhibit12B2 to determine the appropriate 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 equipment financially attractive

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