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Exercise 24-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $240,000. It is expected to produce the following

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Exercise 24-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $240,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 9% return on its Investments. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 Year 2 Year 3 Year 4 Year 5 Total Net cash flows $73, 080 $51, 080 $92,000 $150, 080 $39,080 $405, 080 a. Compute the net present value of this Investment. b. Should Beyer accept the Investment? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Net Cash Present Present Value Year Flows Value of 1 of Net Cash at 9% Flows 1 2 3 5 Totals Amount invested Net present value

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