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Ivanhoe Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $147,150 and have an estimated useful life

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Ivanhoe Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $147,150 and have an estimated useful life of 6 years. It can be sold for $68,000 at the end of that time (Amusement parks need to rotate exhibits to keep people interested.) it is expected to increase net annual cash fiows by $24.000. The company's borrowing rate is 8%. Its cost of capital is 10m, Click here to view the factor table Calculate the net present value of this project to the company and determine whether the project is acceptable. (If the net present value is nesative, use either a negative sign preceding the number eg -45 or panentheses es (45). For colculation purposes, use 5 decimal places as displayed in the foctor toble provided. Round present value onswer to 0 decimal places, es. 125 .) Net present yalue $ The project

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