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Mattice Corporation is considering investing $ 7 2 0 , 0 0 0 in a project. The life of the project would be 1 1
Mattice Corporation is considering investing $ in a
project. The life of the project would be years. The project
would require additional working capital of $ which would be
released for use elsewhere at the end of the project. The annual
net cash inflows would be $ The salvage value of the assets
used in the project would be $ The company uses a discount
rate of Ignore income taxes. Click here to view Exhibit
B and Exhibit B to determine the appropriate discount
factors using the tables provided. Required: Compute the net
present value of the project. Negative amount should be indicated
by a minus sign. Round your intermediate calculations and final
answer to the nearest whole dollar amount.
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