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! Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Following is information on
! Required information Use the following information for the Quick Study below. [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 9% return from its investments. Investment A1 $ (370,000 Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 120,000 134, 000 91, 000 QS 24-11 Net present value LO P3 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.) Present Value Year 1 Cash Flow Present Value of 1 at 9% $ 120,000 134,000 91,000 $ 345,000 Year 2 Year 3 Totals $ 0 Amount invested Net present value $ 0
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