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UIC Capild Budgeting Back to Assignment Cools Attempts: Average: 2 16. Problem 22-16 ED eBook Problem 22-16 A risky $35,000 investment is expected to generate

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UIC Capild Budgeting Back to Assignment Cools Attempts: Average: 2 16. Problem 22-16 ED eBook Problem 22-16 A risky $35,000 investment is expected to generate the following cash flows: Year 1 3 $18,375 $21,000 $24,500 5 The probability of receiving each cash inflow is 80, 70, and 60 percent, respectively. If the firm's cost of capital is 8 percent, should the investment be made? Use Appendix D to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar NPV: $ ictory The investment -Select- be made. Grade it Now Save & Continue Continue without saving 5:02 PM 11/18/2020 Ei pe E a * search

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