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How large would the annual intangible benefit have to be to make the investment in the aircraft financially attractive O The management of Byrge Corporation

How large would the annual intangible benefit have to be to make the investment in the aircraft financially attractive

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O The management of Byrge Corporation is investigating buying a small used aircraft to use in making airborne inspections of its above-ground pipelines. The aircraft would have a useful life of 8 years. The company uses a discount rate of 10% in its capital budgeting. The net present value of the investment, excluding the intangible benefits, is -$448,460. To the nearest whole dollar how large would the annual intangible benefit have to be to make the investment in the aircraft financially attractive? (Ignore income taxes.) kipped Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. Multiple Choice O $44,846 O $56,058 O $84,060 tion here to search O EI 9

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