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Initial investment (for two hot air balloons) $ 481,000 Useful life 8 years Salvage value $ 57,000 Annual net income generated 42,328 BBSs cost of
| Initial investment (for two hot air balloons) | $ | 481,000 | |
| Useful life | 8 | years | |
| Salvage value | $ | 57,000 | |
| Annual net income generated | 42,328 | ||
| BBSs cost of capital | 10 | % |
Calculate Payback Period, Net Present Value, and Recalculate the NPV assuming BBS's cost of capital is 13 percent.
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Robo Auditing Using Artificial Intelligence To Optimize Corporate Finance Processes
Authors: Patrick J.D. Taylor, Manish Singh, Nathanael J. L'Heureux
1st Edition
1544511442, 978-1544511443
