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Merrill Corporation has the following information availableabout a potential capital investment: Initial investment $1,900,000 Annual net income $ 190,000 Expected life 8 years Salvagevalue $

Merrill Corporation has the following information availableabout a potential capital investment: Initial investment $1,900,000 Annual net income $ 190,000 Expected life 8 years Salvagevalue $ 230,0 Merrill Corporation has the following information available about a potential capital investment: Assume straight line depreciation method is used. Required: 1. Calculate the project's net present val 2 answers

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