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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

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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 $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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