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he State View Corporation has made an investment of $90,000 that is expected to yield benefits over a nine-year period. Annual cash inflows of $110,395
he State View Corporation has made an investment of $90,000 that is expected to yield benefits over a nine-year period. Annual cash inflows of $110,395 and annual cash outflows of $75,000 are expected excluding taxes and depreciation. The tax rate is 40% and the cost of capital is 9%. The company uses straight-line depreciation. What is the NPV of this investment (rounded to the nearest dollar)?
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