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Current Attempt in Progress The owners of Windsor de Trois-Rivires hockey club are considering a deal with an older, established club whereby they can acquire
Current Attempt in Progress The owners of Windsor de Trois-Rivires hockey club are considering a deal with an older, established club whereby they can acquire the services of Pierre Crane, a very high scorer and great gate attraction, in exchange for John Williams (currently paid $15,300 annually). The established club would also receive $510,000 cash from Windsor. The owners' accountants have assembled the following data: Other information: Click here to viowe the fagtion tatile Click here to view the factor table. Based on your analysis of the data, calculate the net present value of Crane's services. (For calculation purnoses, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124. If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses e.g. (45).) Net present value Recommend whether or not the club should acquire the services of Pierre Crane. The hockey club acquire the services of Crane
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