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Gomez is considering a $190,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of
Gomez is considering a $190,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Year 1 Year 2 Year 3 Year 4 Year 5 Net cash flows $64,000 $56,000 $77,000 $151,000 $51,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment?
ompute the net present value of this investment. Note: Round your answers to the nearest whole dollar.
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