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Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 18% and it estimated

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Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 18% and it estimated the following costs and revenues for the new product: When the project concludes in four years, the working capital will be released for investment elsewhere within the company. Click here to view and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: Calculate the net present value of this investment opportunity. Note: Round your final answer to the nearest whole dollar amount. EXHIBIT 1AB-1 ProsentValueof51;(1+x)n1 EXHIB 148-2 Preseat Value of an Anaaity of $1 in Arrears:- r1[1(1+r)n1]

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