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Sample Test Problem 11.06 You have inherited an apple orchard and want to sell it in the next four years. cash fow you would receive

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Sample Test Problem 11.06 You have inherited an apple orchard and want to sell it in the next four years. cash fow you would receive if you sold at the end of each of the next four years as follows: s1,100,000 if you sell in one year Y sell in two years; $1,600,000 if you sell in three years; and $1,70o,000 if you sell in four years. Your opportunity cost of ca Calculate the NPV of each alternative. (Round intermediate calculations and final answers to the nearest whole An expert in apple orchard valuation has estimated the after-tax capital is 8 percent dollar, e.g. 5,275.) NPV2 NPV3 When should you sell the orchard? You should sell the orchard after

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