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Question 2 2 pts A company is considering a 2-year project with the following cash flows: Initial investment: $1300 Cash inflow, year 1: $580
Question 2 2 pts A company is considering a 2-year project with the following cash flows: Initial investment: $1300 Cash inflow, year 1: $580 Cash inflow, year 2: $880 Salvage value, year 2: $260 The company uses straight-line depreciation to depreciate the initial investment cost. In other words, annual depreciation is (initial investment - salvage value)/2. The company's discount rate is 10%. What is the Net Present Value of this project? (Use the present values tables above for any present value calculations. Don't round intermediate calculations. Round your final answer to the nearest dollar.) 735
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