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How would you find the net present value of the equipment? Consider the following facts do not consider the impact of income taxes: Initial cost

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How would you find the net present value of the equipment?

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Consider the following facts do not consider the impact of income taxes: Initial cost of equipment $45,000 Estimated life 5 years Salvage value $5,000 Annual cash inows $15,000 Estimated cost of capital 8%

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