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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 an

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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 an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 6% return from its investments Investment Al $300,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 180,000 96,000 97,000 QS 24-11 Net present value LO P3 Compute this investment's net present value. (ev of $1. FV of $1. PVA 01 $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 6% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value

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