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Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $50,000. The benefit will be an
Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $50,000. The benefit will be an additional cash inflow of $25,000 for four years, at which point the software will need replacing with a more modern version. Minden Co.'s cost of capital is 12%. The net present value of the project is $25,935 none of the options $15,887.50 $75,935 $50,000
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