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Manufacturing Co. is considering a new inventory system that will cost $470,000. The system is expected to generate -$50,000 (negative) in year one, $315,000 in
Manufacturing Co. is considering a new inventory system that will cost $470,000. The system is expected to generate -$50,000 (negative) in year one, $315,000 in year two, $210,000 in year three, and $160,000 in year four. Breck's required rate of return is 10%. What is the NPV of this project (to the nearest $)? $51,902 $56,803 $11,934 $18,750
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