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The Hudson Corporation makes an investment of $58,420 that provides the following cash flow: Year 1 2 3 Cash Flow $ 27,000 27,000 15,000 Use
The Hudson Corporation makes an investment of $58,420 that provides the following cash flow: Year 1 2 3 Cash Flow $ 27,000 27,000 15,000 Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. What is the net present value at a discount rate of 4 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places. Net present value
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