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Homework: HW 11 Question 1, P11-2 (simil HW Score: 0%, 0 of 11 points O Points: 0 of 1 Save (Net present value calculation)

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Homework: HW 11 Question 1, P11-2 (simil HW Score: 0%, 0 of 11 points O Points: 0 of 1 Save (Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT The expansion requires the expenditure of $11,000,000 on new service equipment and would gen annual net cash inflows from reduced costs of operations equal to $3,500,000 per year for each of the next 7 years. In year 7 the firm will also get back a cash flow equal to the salvage value of the equipment, which is valued $0.9 million. Thus, in year 7 the investment cash inflow totals $4,400,000 Calculate the project's NPV using a discount rate of 8 percent. If the discount rate is 8 percent, then the project's NPV is $ (Round to the nearest dollar.) Help me solve this View an example Get more help H Type here to search D + DELL Clear all Check answer 60F Sunny 5:50 PM 10/31/2021 2

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