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Help Save & Exit Su Croce, Inc., is investigating an investment in equipment that would discount rate of 11% in its capital budgeting. The net

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Help Save & Exit Su Croce, Inc., is investigating an investment in equipment that would discount rate of 11% in its capital budgeting. The net present value of the investment, excluding the salvage value, is- $580,353. (Ignore income taxes.) have a useful life of 8 years. The company uses a Click here to view Exhibit 138-1 and Exhibit 138-2, to determine the appropriate discount factorfs) using the tables provided. How large would the salvage value of the equipment have to be to make the investment in the equipment financilly attractive? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $5,275,936 $1,337,219 K Prev 21 of 25 Next >

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