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FULL SCREEN PRINTER VERSION BACK Do It! Review 13.11 Your answer is partially correct. Try again. Sierra Company is considering a long-term investment project called
FULL SCREEN PRINTER VERSION BACK Do It! Review 13.11 Your answer is partially correct. Try again. Sierra Company is considering a long-term investment project called ZIP, ZIP will require an investment of $131,000. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $79,500, and annual cash outflows would increase by $39,700. The company's required rate of return is 10%. Click here to view PV table. (a) Calculate the net present value on this project. (If the answer is negative, use either a negative sign preceding the number e.g. -5,275 or parentheses e.g. (5,275). For calculation purposes, use 5 decimal places as displayed in the facto table provided, e.g. 1.25124 and final answer to 0 decimal places, e.g. 5,275.) Net present value
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