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Required information The following infermation applies to the questions displayed below) Peng Company is considering an investment expected to generate an average net income after

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Required information The following infermation applies to the questions displayed below) Peng Company is considering an investment expected to generate an average net income after taxes of $2.100 for three years. The investment costs $46,800 and has an estimated $6,900 salvage value. Assume Peng requires a 10% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation. (PV of $1. EV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.) PV F e here to search

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