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Hicks Company is considering an investment opportunity with the following expected not cash inflowi: Year 1,$235,000; Year 2, $195,000; Year 3 , $125,000. The company

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Hicks Company is considering an investment opportunity with the following expected not cash inflowi: Year 1,$235,000; Year 2, $195,000; Year 3 , $125,000. The company uses a discount rate of 6% and the initial investment is $365,000. (Cick the lcon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annulty of $1 table.) Calculate the NPV of the investment. Should the company invest in the project? Why or why not? Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places, XX.) Reference Present Value of Ordinary Annuity of $1 Caloulate the NPV of the investnent. Should the company invest in the project? Why or why not? Using the NPV as the bavis of its decision, Hicks Company consider the investrient bechuse its NPV is

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