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Question 22 (2 points) You have the following information on a potential investment. Capital investment $15,000 Estimated useful life 3 years Estimated salvage value zero

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Question 22 (2 points) You have the following information on a potential investment. Capital investment $15,000 Estimated useful life 3 years Estimated salvage value zero Estimated net cash inflow Year 1 -$7,000 Year 2 - $8,000 Year 3- $9,000 Required rate of return 15% What is the net present value of the investment (to the nearest dollar)? $3,266 $3,054 $8,000 $17,282

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