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Question 1 1.66 pts Westmont Publishing is considering the purchase of a used printing press costing $69,701. The printing press would generate a net
Question 1 1.66 pts Westmont Publishing is considering the purchase of a used printing press costing $69,701. The printing press would generate a net cash inflow of $31,000 a year for 3 years. At the end of 3 years, the press would have no salvage value. The company's cost of capital is 10 percent. The company uses straight-line depreciation. The investment's net present value is: 7.391 O 8.863 O 5,480 O 23,300
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