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Old Truck New Truck Purchase cost now N/A $54,000 Cost of overhaul needed now $15,500 N/A Annual expected cash flows generated $4,800 $10,000 Salvage value
| Old Truck | New Truck | |
| Purchase cost now | N/A | $54,000 |
| Cost of overhaul needed now | $15,500 | N/A |
| Annual expected cash flows generated | $4,800 | $10,000 |
| Salvage value now | $2,000 | N/A |
| Salvage value in ten years | N/A | $8,000 |
Calculate the payback period, net present value and internal rate of return
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Contemporary Issues In Social Science
Authors: Simon Grima, Ercan Özen, Hakan Boz
1st Edition
1800439318, 9781800439313
