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The Boulangerie Company decides to purchase a new stove for $16,000. If the stove is purchased, the company expects revenues to increase $11,000 per year

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The Boulangerie Company decides to purchase a new stove for $16,000. If the stove is purchased, the company expects revenues to increase $11,000 per year for 10 years, with annual maintenance costs of $500 per year. The company also anticipates a salvage value of $1,000. Assuming a 7% rate, how would the company determine the net present value (NPV) of this decision? O A. -$16,000 + $10,500 (PV ann n = 9, /= 7%) - $1,000 (PV ss n = 10, / =7%) O B. -$16,000 + $10,500 (PV ann / = 10, / = 7%) + $1,000 (PV ss n = 10, / = 7%) O C. -$16,000 + $10,500 (PV ann n = 10, i = 7%) O D. -$16,000 + $11,000 (PV ann n = 10, / = 7%) + $1,000

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