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Peng Company is considering an investment expected to generate an average net income after taxes of $3,400 for three years. The investment costs $51.000 and

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Peng Company is considering an investment expected to generate an average net income after taxes of $3,400 for three years. The investment costs $51.000 and has an estimated $11700 salvage value QS 24.8 Net present value LO P3 Assume Peng requires a 5% return on its investments Compute the net present value of this investment Assume the company uses straight-line depreciation (PV of $1. EV of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Cash Flow Select Chart Amount PV Factor - Present Value Annual cash now Residual value Nel present value

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