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Requlred Informatlon The Foundational 1 5 ( Algo ) [ LO 1 2 - 1 , LO 1 2 - 2 , LO 1 2
Requlred Informatlon
The Foundational AlgoLO LO LO LO LO
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Cardinal Company is considering a fiveyear project that would require a $ investment in equipment with a useful life of five years and no salvage value. The company's discount rate is The project would provide net operating income in each of five years as follows:
Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors using table.
Foundational Algo
What is the project's net present value? Round final answer to the nearest whole dollor omount.
Net present value
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