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[The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has zero salvage value.
[The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 6% return from its investments, Investment Al ${340,000) Initial investment Expected net cash flows in year 155,000 140,000 93,000 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $32,500. Compute the Investment's net present value. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided Round all present value factors to 4 decimal places.) Cash Flow Present Value of 1 at 6% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value $ 0 $ 0 $ 0
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