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solve the question Question 16 Me Choice Cheyenne Company is considering investing in a new dock that will cost $610.000 The company expects to use
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Question 16 Me Choice Cheyenne Company is considering investing in a new dock that will cost $610.000 The company expects to use the dock for 5 years after which it will be sold for $350,000. Cheyenne anticipates annual cash flows of 5160.000 resulting from the new dock. The company's borrowing rate is 8%, while its cost of capital is 11% Click here to view PV tables Calculate the net present value of the dock. (Use the above table.)(Round factor values to decimal places, eg. 1.25124 and final answer to decimal places, eg. 5,275.) Question 17 Multiple Choice Viewing Question 18 Action Net present value $ Question 19 Actinopdown Indicate whether Cheyenne should make the investment Question 20 Acid Dropdown Cheyenne the project Question 21 Step by Step Solution
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