X Company has an opportunity to accept a special order that will result in immediate profit of $54,000. After doing some market research that cost $4,500, the marketing manager believes that if X Company accepts the order, the company will lose regular customers. Specifically, she believes the effect will be lost profits of $9,500 in each of the next 4 years. Assuming a discount rate of 8%, what is the net present value of accepting the special order? [Note: Use the Present Value tables in the Coursepack.] 18036 Submit Answer Incorrect. Tries 2/3 Previous Tries Present Value of $1.00 Period 2 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 0.943 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.888 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.659 0.636 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.593 0.567 0.837 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.535 0.507 0.813 0.760 0.711 0.665 0.623 0.583 0.547 0.513 0.482 0.452 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.434 0.404 | 8 Present Value of an Annuity of $1.00 Period 1 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.713 1.690 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.444 2.402 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.102 3.037 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.696 3.605 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4.231 4.111 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.712 4.564 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 5.146 4.968 6 8