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Current Attempt in Progress Pharoah Company is considering a long-term investment project called ZIP.ZIP will require an investment of $129,600. It will have a
Current Attempt in Progress Pharoah Company is considering a long-term investment project called ZIP.ZIP will require an investment of $129,600. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,100, and annual cash outflows would increase by $40,600. The company's required rate of return is 8%. Click here to view PV table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round present value answer to O decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value Whether this project should be accepted? The project should be eTextbook and Media Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 3 Attempts: 0 of 5 used Submit Answer
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