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Vaughn Company has the following information about a potential capital investment: Initial investment $ 520,000 Annual cash inflow $ 83,000 Expected life 10 years Cost

Vaughn Company has the following information about a potential capital investment: Initial investment $ 520,000 Annual cash inflow $ 83,000 Expected life 10 years Cost of capital 9% 1. Calculate the net present value of this project.

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