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Juliar Inc. has provided the following data concerning a proposed investment project: (Ignore income taxes.) Initial investment $ 280,000 Life of the project 11 years
Juliar Inc. has provided the following data concerning a proposed investment project: (Ignore income taxes.)
| Initial investment | $ | 280,000 |
| Life of the project | 11 years | |
| Annual net cash inflows | $ | 45,000 |
| Salvage value | $ | 35,000 |
|
| ||
The company uses a discount rate of 9%.
compute the net present value of the project
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
