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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 $3,000 for three years. The investment costs $54,000 and has an estimated $10.200 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. EV of $1. PVA of $1. and FVA of $0 (Use appropriate factors) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Select Chart Amount PV Factor Cash Flow Annual cash flow Residual value Present Value $ 0 Net present value

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