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Having trouble with this question. Any help is greatly appreciated. Thx! Triblaze Corp. is considering buying a new truck. The cost of the truck is
Having trouble with this question. Any help is greatly appreciated. Thx!
Triblaze Corp. is considering buying a new truck. The cost of the truck is $62,000 (the only initial investment outlay), and the cash savings the new truck is expected to generate during its life are $19,920, $22,800, and $31,280, respectively. Trailblaze's required rate of return is 10 percent. The net present value (NPV) of the truck is _____.
-$2,058.80
$12,000.00
$122,453.19
-$1,546.81
$2,543.67
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