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! Required information [The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has

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! Required information [The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 3% return from its investments. Investment A1 $(280,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 165,000 124,000 89,000 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $34,500. Compute the investment's net present value. (PV of $1. EV of $1. PVA of $1. and FVA of S1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Cash Flow Present Value of 1 at 3% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value

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