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If Quail Company invests $55,000 today, it can expect to receive $10, 400 at the end of each year for the next four years, plus
If Quail Company invests $55,000 today, it can expect to receive $10, 400 at the end of each year for the next four years, plus an extra $6, 100 at the end of the fourth year. (FV of $1, PV of $1, FVA of $1 and PVA of $1) What is the net present value of this investment assuming a required 10% return on investments
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