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please help thank you G: Eisenbeis Inc. has provided the following data concerning a proposed investment project: Initial investment $651,000 Annual cash receipts $423,000 Life

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G: Eisenbeis Inc. has provided the following data concerning a proposed investment project: Initial investment $651,000 Annual cash receipts $423,000 Life of the project 8 years Annual cash expenses ... $169,000 Salvage value $65,000 The company's tax rate is 30%. For tax purposes, the entire initial investment without any reduction for salvage value will be depreciated over 7 years. The company uses a discount rate of 1396 Required: Compute the net present value of the project

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