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Page 3 IMPUTING AN ANNUITY OF INTANGIBLE BENEFITS TO MEET A NET PRESENT VALUE points 1 Corporation is investigating the purchase of a new computerized

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Page 3 IMPUTING AN ANNUITY OF INTANGIBLE BENEFITS TO MEET A NET PRESENT VALUE points 1 Corporation is investigating the purchase of a new computerized scheduling system with special are with a useful life of 9 years . The company uses a discount rate of 109 in its capital budgeting at present value of the investment , excluding its intangible benefits , is $505 090 . Ignore income in this problem red

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