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Please! Help me ASAP. Thank you! 252 Elms.meducation.com 252F Appendix Graded Homework Saved 15 Bruce is considering the purchase of a restaurant named Hard Rock

image text in transcribedPlease! Help me ASAP. Thank you!
252 Elms.meducation.com 252F Appendix Graded Homework Saved 15 Bruce is considering the purchase of a restaurant named Hard Rock Hollywood. The restaurant is listed for sale at $950,000. With the help of his accountant, Bruce projects the net cash flows (cash inflows less cash outflows) from the restaurant to be the following amounts over the next 10 years: 0.16 points Year 1-5 01:18:54 8 9 10 Amount $ 93,000 (each year) 103.000 113,000 123.000 133,000 BOON Print Bruce expects to sell the restaurant after 10 years for an estimated 51.230,000 (EV of S1. PV of S1. EVA of S1, and PVA of $1 (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Required: 1-a. Calculate the total present value of the net cash flows ir@ruce wants to make at least 12% annually on his investment. (Assume all cash flows occur at the end of each year) References Totalent value 1-b. Should he purchase the restaurant? Yes O NO ME

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