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This Question: 2 pts 31 of 46 (29 complete) This Test: 100 pts possible Question Help Coyne Corporation is evaluating a capital investment opportunity This

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This Question: 2 pts 31 of 46 (29 complete) This Test: 100 pts possible Question Help Coyne Corporation is evaluating a capital investment opportunity This project would require an in v estment of $36.000 to purchase equipment The equipment will have a residual value at the end of its we of $3.000. The use of the equipment is 4 years. The new post is expected to generate addonalne cash flows of $23.00 per year for each of the four years Coyne's required rate of return is 10% The net present value of this project is closest to mick the icon to view the present value of $1 tab ) Click the con to view the present value of nuty of table) OA $36.959 OB 550 371 OC $36.910 OD 132255

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