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MC Qu. 49 Correl Corporation has provided... Correl Corporation has provided the following data concerning an investment project that it is considering: Initial investment $190,000
MC Qu. 49 Correl Corporation has provided... Correl Corporation has provided the following data concerning an investment project that it is considering: Initial investment $190,000 Annual cash flow $75,000 per year Salvage value at the end of the project $25,000 Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. The life of the project is 4 years. The company's discount rate is 15%. The net present value of the project is closest to: O $38,500 O $228,500 O $135,000 O $24,200
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