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Monterey Compally is Considering Investing Ifi two flew vanis that are expected LO combined cash inflows of $30,000 per year. The vans' combined purchase price
Monterey Compally is Considering Investing Ifi two flew vanis that are expected LO combined cash inflows of $30,000 per year. The vans' combined purchase price is The expected life and salvage value of each are four years and $23,000, respective Monterey has an average cost of capital of 7 percent. Required Round your figures to two decimal points. a. Calculate the net present value of the investment opportunity. Present value of yearly cash inflows Present value of salvage value Cost of vans Net present value
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