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Question 8 0.25 pts Acme Company is evaluating an investment in new equipment that has an estimated useful life of 15 years. Acme uses
Question 8 0.25 pts Acme Company is evaluating an investment in new equipment that has an estimated useful life of 15 years. Acme uses a discount rate of 10% to make capital budgeting decisions. The net present value of the investment, excluding the salvage value of the equipment, is negative $465,800. How large does the salvage value have to be to make the project acceptable? Round to the nearest whole dollar amount. O $1,691,257 O $1,757,143 $1,948,954 $1,853,846
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