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Management of Manning Corporation is considering a project that would require an investment of $ 2 8 2 , 0 0 0 and would last
Management of Manning Corporation is considering a project that would require an investment of
$ and would last for years. The annual net operating income from the project would be $
note: operating income is affected by $ of annual depreciation related to the investment The scrap
value of the project's assets at the end of the project would be $ What is the present value of the
future cash flows from this investment assuming Manning Co has a discount rate of
A $
B $
C $
D $
E $
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