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Shields Company has gathered the following data on a proposed investment project: Investment required in equipment Annual cash inflows Salvage value Life of the investment

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Shields Company has gathered the following data on a proposed investment project: Investment required in equipment Annual cash inflows Salvage value Life of the investment Discount rate $400,000 $80,000 $0 -48 10 years 10% The net present value on this investment is closest to. Multiple Choice O $91,600 O $400,000 $76,750

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