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(CHAPTER 10) Your boss is considering a 4-year investment project. If the project is accepted, it would require an immediate spending of $655 to buy

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(CHAPTER 10) Your boss is considering a 4-year investment project. If the project is accepted, it would require an immediate spending of $655 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $169 in sale proceeds after taxes Your boss's consulting team estimated that the annual after-tax profits (or operating cash flows) would equal $171. The team also recommends immediately setting aside 542 in cash to cover any unforeseen expenses. The required annual rate of return is 9% Calculate the Net Present Value of this proposed investment project. (Do NOT use "s" in your answer. Increase decimal places for any informediate calculations, from the default 2 to 8 or higher. Only round your answer to TWO decimal places. For example 1,000.23 or 1,000,23)

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