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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 15%. After careful study,

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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 15\%. After careful study, Oakmont 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 Exhibit 148-1 and Exhibit 148-2 to determine the appropriate discount factor(s) using tables. Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollor amount.) KHIBIT 14B-1 resentValaeof51,(1+1)61 EXHITT 14B-2 Presat Value of an Annaity of S1 ie Arrears: r1[1(1+r)11]

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