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[The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $21,705 and provides expected cash

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[The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $21,705 and provides expected cash inflows of $6,700 annually for four years. Assume Park Co. requires a 7% return on its investments. QS 24-2 Net present value LO P3 1-a. What is the net present value of this investment? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on NPV alone, should Park Co. invest? Complete this question by entering your answers in the tabs below. Required 1A Required 1B What is the net present value of this investment? Cash Flow Select Chart Amount X PV Factor Present Value Annual cash flow Net present value 1-a. What is the net present value of this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on NPV alone, should Park Co. invest? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Based on NPV alone, should Park Co. invest? Based on NPV alone, should Park Co. invest?

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