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Jed Co. is considering a long-term capital investment of $165,000. Annual Net Income for the project is expected to be $18,000. The investment would have

Jed Co. is considering a long-term capital investment of $165,000. Annual Net Income for the project is expected to be $18,000. The investment would have an estimated useful life of 12 years and would be depreciated by the straight-ine method with no salvage value. The company's cost of capital is 16%. SEND YOUR WORKIN The net present value of this investment would be $

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