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Thunder Corporation, an amusement park, is considering a capital inwestment in a new exhibit. The exhibit would cost $195,010 and hive an estimated viseful life

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Thunder Corporation, an amusement park, is considering a capital inwestment in a new exhibit. The exhibit would cost $195,010 and hive an estimated viseful life of 9 years, tt ean be sold for 568,300 at the end of that time. (A.musementparis need to rotate exhibits to keep people interested) It is expected to increase net annual cash flows by $28,200. The company/s borrowing rate is 8%, its cost of capital is 10%. Click here to view the factor tabic. Calculate the net present value of this project to the company and determine whather the project is acceptable. (II the net present volue is negative, use either a negative sign preceding the number eg -45 or parentheses es (45), For cafculation purposes, use 5 decimal places as displayed in the factor table provided. Round present value answer to 0 dectmat places, es: 125, Net present value $ The project

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