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Use the following information for the Quick Study below. (The following information applies to the questions displayed below) Following is information on an investment considered

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Use the following information for the Quick Study below. (The following information applies to the questions displayed below) Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 9% return from its investments Initial investment Expected net cash flows in year: 1 Investment AL ${340,000) 145,000 90.000 79,000 QS 24-11 Net present value LO P3 Compute this investment's net present value. (PV of S1. FV of $1. PVA of SI, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Present Value Year 1 Year 2 Year 3 Cash Flow Present Value of 1 at 9% $ 145,000 90.000 79,000 $ 314,000 $ 0 Totals Amount invested Net present value $ 0

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