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The following table indicates the net cash flows of a capital asset: Year Net Cash Flow 0 $-8,900 1 $4,700 2 $9,300 Do not enter
The following table indicates the net cash flows of a capital asset: Year Net Cash Flow 0 $-8,900 1 $4,700 2 $9,300 Do not enter dollar signs or commas in the input boxes. Use the negative sign where appropriate. Round the factor to 4 decimal places and the NPV to the nearest whole number. Assume the required rate of return is 9%. Determine the net present value of this asset. Year Net Cash Flow 0 1 2 Total $-8,900 $4,700 $9,300 Factor Net Present Value $ FA $ LA $ $
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