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Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $250,000 and will yield the

Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $250,000 and will yield the following expected cash flows. Management requires investments to have a payback period of three years, and it requires a 10% return on its investments. Period Cash Flow 1 $ 125,000 2 94,000 3 75,000 4 52,000 5 47,000 . Determine the net present value for this investment. Use the Table B.1. (Round "PV Factor" to 4 decimal places. Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Net present value $

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