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The Weiland Computer Company is considering an investment in an order entry system that has an initial cost of $425,000. The payback period is expected
The Weiland Computer Company is considering an investment in an order entry system that has an initial cost of $425,000. The payback period is expected to be 3 years, and there is no information as to what will happen after that year. If the required return on the project is 12%, what is the lowest possible NPV the project could have? Assume that all cash flows after the initial cost are non-negative.
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