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Dont know what I did wrong. just need the corrext answer thank you Required information Use the following information for the Quick Study below. [The
Dont know what I did wrong. just need the corrext answer thank you
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 6% return from its investments. Investment A1 Initial investment $(390,000) Expected net cash flows in: Year 1 105,000 Year 2 138,000 Year 3 77,000 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $25,500. Compute the investment's net present value. (PV of $1. EV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Year 1 Year 2 Year 3 Totals Amount invested Net present value Answer is complete but not entirely correct. Cash Present Value Flow of 1 at 6% Present Value 105,000 0.9434 $ 99,057 138,000 0.8900 122,820 77,000 0.8396 64.649 $ 320,000 $ 286,526 390,000 S (103,474) Step by Step Solution
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