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perfrom all the steps necessary, most of the questions ive been uploading have been answering incorrectly. plesse answer them correctly (Net present value calculation) Carson

perfrom all the steps necessary, most of the questions ive been uploading have been answering incorrectly. plesse answer them correctly image text in transcribed
(Net present value calculation) Carson Trucking is considering whether to expand-ifs regional service center in Mohab, UT. The expansion requires the expenditure of $9,000,000 on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to $4,000,000 per year for each of the next 7 years. In year 7 the firm will also get back a cash flow equal to the salvage value of the equipment, which is valued at $0.9 million. Thus, in year 7 the investment cash inflow totals $4,900,000 Calculate the project's NPV using a discount rate of 6 percent If the discount rate is 6 percent, then the project's NPV is \$ (Round to the nearest dollar.)

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