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The annual profit from an investment is $20,000 each year for 5 years and the cost of investment is $75,000 with a salvage value
The annual profit from an investment is $20,000 each year for 5 years and the cost of investment is $75,000 with a salvage value of $45,000. The discount rate (cost of capital) at this risk level is 12%. Based on the given information, the net present value of the investment = $ (round your response to the nearest whole number).
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
