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(Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The expansion requires the expenditure of
(Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The expansion requires the expenditure of $11,000,000 on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to $2,000,000 per year for each of the next 6 years in year 6 the firm will also get back a cash Sow equal to the salvege value of the equipment, which is valued at $0.9 millon. Thus, in year 6 the investment cash inflow totals $2.000.000. Calestate the projects fV using a decount rate of 8 percent If the discount rate is 6 percent, then the projects NPV (Round to the nearest dollar)
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