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please help now Required information [The following information applles to the questions displayed below.] Cardinal Company is considering a five-year project that would require a
please help now
Required information [The following information applles to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,955,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 128-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. What is the project's net present value? (Round discount factor(s) to 3 decimal places and final answer to the nearest whole Har amount.) EXHIBIT 128-1 Present Value of 51: (1+)1 EXHIBrT 12B-2. Present Value of an Annuity of $1 in Arrears: 21[1ti+F1] Step by Step Solution
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