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Park Co. is considering an investment that requires immediate payment of $32,920 and provides expected cash inflows of $9,500 annually for four years. Park Co.

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Park Co. is considering an investment that requires immediate payment of $32,920 and provides expected cash inflows of $9,500 annually for four years. Park Co. requires a 5% return on its investments. 1-a. What is the net present value of this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Amount x PV Factor $ 9,500 x Present Value 9,048 Cash Flow Select Chart 0.9524 Annual cash flow Present Value of an Annuity of 1 ces Immediate cash outflows Net present value

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