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i have posted this question 2 times and both times were incorrect! please do it correctly! thanks Munoz Company is considering investing in two new

i have posted this question 2 times and both times were incorrect! please do it correctly! thanks image text in transcribed
Munoz Company is considering investing in two new vans that are expected to generate combined cash inflows of $32,500 per year. The vans' combined purchase price is $96,500. The expected life and salvage value of each are elght years and $21,000, respectlvely. Munoz has an average cost of capital of 12 percent. (PV of \$1 and PVA of \$1) (Use appropriate factor(s) from the tables provided.) Required a. Calculate the net present value of the investment opportunity. (Negative amount should be indicated by a minus sign. Round your Intermedlate calculations and final answer to 2 decimal places.) b. Indicate whether the investment opportunity is expected to earn a return that is above or below the cost of capital and whether it should be accepted

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