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need answer A Munoz Company is considering investing in two new vans that are expected to generate combined cash inflows of $32,500 per year. The

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Munoz Company is considering investing in two new vans that are expected to generate combined cash inflows of $32,500 per year. The vans' combined purchase price is $96,500. The expected Iffe and salvage value of each are elght years and $21,000, respectively. Munoz has an average cost of capital of 12 percent. (PV of $1 and PVA of $1 ) (Use approprlate factor(s) from the tables provided.) Required a. Calculate the net present value of the investment opportunity. (Negative amount should be indicated by a minus sign. Round your Intermediate calculations and final answer to 2 decimal places.) b. Indicate whether the investment opportunity is expected to earn a return that is above or below the cost of capital and whether it should be accepted

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