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( Ignore income taxes in this problem. ) Motorcycle Corporation uses a discount rate of 1 6 % in its capital budgeting. Management is considering

(Ignore income taxes in this problem.) Motorcycle Corporation uses a discount rate of 16% in its capital budgeting. Management is considering an investment in telecommunications equipment with a usefut life of 6 years. Excluding the salvage value of the equipment, the net present value of the investment in the equipment is -$186,194.
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How large would the salvage value of the telecommunications equipment have to be to make the investment in the telecommunications equipment financially attractive?
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