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Required information The following information 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 information applies to the questions displayed below! Peng Company is considering an investment expected to generate an average net income after taxes of 53,100 for three years. The investment costs $59.700 and has an estimated $6,900 salvage value Assume Peng requires a 15% return on its investments Compute the net present value of this investment. Assume the company uses straight-line depreciation (PV of $1. FV of $1. PVA OLS), and EVA of S1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Answer is not complete. Amount PV Factor Select Chart Present Value S Cash Flow Annual cash flow Residual value 0 24.101 1555 X Net present value

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