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see attached image. The Jonson Novelty Company is trying to decide whether to invest $100,000 today to purchase specialized equipment that would be used to

see attached image.

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The Jonson Novelty Company is trying to decide whether to invest $100,000 today to purchase specialized equipment that would be used to make a novelty product. The product would be fairly short lived (being a novelty}, and the company expects that it would make prots at $10,000 per year for the next three years. After that the equipment would be worthless and no further sales ofthe product would be made. The appropriate discount rate for this risky project is 18 percent. The net present value of this investment is SD. (Enter your response rounded to two decimaipiaces.) The Jonson Novelty Company should Y . make the investment not make the investment

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