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M11-6 (Algo) Calculating Net Present Value [LO 11-3] Citrus Company is considering a project with estimated annual net cash flows of $26,625 for seven years

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M11-6 (Algo) Calculating Net Present Value [LO 11-3] Citrus Company is considering a project with estimated annual net cash flows of $26,625 for seven years that is estimated to cost $125,000. Citrus's cost of capital is 9 percent. Required: 1. Determine the net present value of the project. (Future Volue of 51 . Present Value of $1. Euture Value-Annuity of $1. Present Value Annuty of $1 ) 2. Based on NPV, determine whether project is acceptable to Citrus. Complete this question by entering your answers in the tabs below. Determine the net present value of the project. (Future Value of \$1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. Neqative amounts should be indlicated by a minus siph Round your final answer to 2 decimal places. M11-6 (Algo) Calculating Net Present Value [LO 11-3] Citrus Company is considering a project with estimated annual net cash flows of $26,625 for seven years that is ostimated to cost $125,000. Citrus's cost of capital is 9 percent. Required: 1. Determine the net present value of the project. (Future Value of S1, Present Value of S1, Future Value Annuity of $. Present Value Annuity of (St) 2. Based on NPV, determine whether project is acceptable to Citrus. Complete this question by entering your answers in the tabs below. Based on NPV, determine whether project is acceptable to Citrus

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