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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
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 Al $(250,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 155,000 144,000 123,000 Compute this investment's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (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 $ 0 $ 0 $ 0
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