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Problem 14-18 (Algo) Net Present Value Analysis [LO14-2] Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The

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Problem 14-18 (Algo) Net Present Value Analysis [LO14-2] Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 14\%. After careful study. Oakmont estimated the following costs and revenues for the new product: When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibig-44B-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables: Required: Calculate the net present value of this investment opportunity. (Round your final answer to the neorest whole dollor amount.) (t+)111 r11(1+r)n1

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