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Question 6 (8 points) Westmount Company is considering an investment costing $120,000. The investment would return $50,000 per year in each of three years. The
Question 6 (8 points) Westmount Company is considering an investment costing $120,000. The investment would return $50,000 per year in each of three years. The company requires a minimum rate of return of 10% The present values of $1 discounted at 6% received at the end of 1, 2 and 3 periods are 0.909, 0.826. and 0.752 Required: A. Calculate the payback period for the investment B. Calculate the net present value of the investment Paragraph C. III P + 25 MacBook Air So 838 . 3 D $ DO 3 4 % 5 6 & 7 00 8 C 9 E R T Y U 2
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