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Question 4 of 9 A delivery service feels they could increase their profits by purchasing a new truck for $52,000. This should lead to increased

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Question 4 of 9 A delivery service feels they could increase their profits by purchasing a new truck for $52,000. This should lead to increased profits of $19,000 in the 1st year, $12,000 in the 2nd year, and $8,000 in the 3rd year. It could sell the truck at the end of 3 years for $13,000. a. If the company's required rate of return is 6% compounded annually, what is the Discounted Cash Flow (DCF) of the net returns? Round to the nearest cent b. Is this a worthwhile investment? O a. Yes

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