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Shep Corp. is considering a 20 year investment with a net present value of cash flows of -$20,800 and an uncertain salvage value. What is
Shep Corp. is considering a 20 year investment with a net present value of cash flows of -$20,800 and an uncertain salvage value. What is the minimum salvage value the would make the investment attractive assuming a discount rate of 12% (20 year, 12% present value factor would be 0.104)
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