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Your boss is considering a 4-year investment project. TERSENDESENGRASIMI RENESS If the project is accepted, it would require an immediate spending of $615 to buy
Your boss is considering a 4-year investment project. TERSENDESENGRASIMI RENESS If the project is accepted, it would require an immediate spending of $615 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $189 in sale proceeds after taxes (or after-tax salvage value). Your boss's consulting team estimated that the annual after-tax profits (or operating cash flows) would equal $169. The team also recommends immediately setting aside $56 in cash to cover any unforeseen expenses. The required annual rate of return is 10.2%. Calculate the Net Present Value of this proposed investment project. If your answer is negative, don't forget the minus sign
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