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Gomez is considering a $220,000 investment with the following net cash flows. Gomez requires a 9% return on its investments. (PV of $1, FV of
Gomez is considering a $220,000 investment with the following net cash flows. Gomez requires a 9% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 Year 2 Year 3 Year 4 Year 5 Net cash flows $62,000 $52,000 $97,000 $174,000 $45,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment
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