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Hi I need help with this problem please. Net Present Value Method Obj. 3 The following data are accumulated by Geddes Company in evaluating the

Hi I need help with this problem please.

Net Present Value Method Obj. 3 The following data are accumulated by Geddes Company in evaluating the purchase of $150,000 of equipment, having a four-year useful life: a. Assuming that the desired rate of return is 15%, determine the net present value for the proposal. Use the present value table appearing in Exhibit 2 of this chapter. b. Would management be likely to look with favor on the proposal? Explain

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