35) Managerial Financial Accounting Assignments AE9-8 Solution

35) Managerial Financial Accounting Assignments AE9-8 Solution

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AE9-8 Calculate Net Present Value [LO 2] An investment that costs $60,000 will return $25,000 per year for 6 years. Determine the net present value of the investment if the required rate of return is 10 percent. (Ignore taxes.)
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Unformatted text preview: (Round present value factor calculations to 4 decimal places, e.g. 0.2525. Round all other calculations and the final answer to 2 decimal places, e.g.25.21.) Net Present Value $ 34,769.67 AE9-8...
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This note was uploaded on 06/21/2011 for the course MANAGERIAL MT425 taught by Professor Hodgson,k during the Spring '11 term at Kaplan University.

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35) Managerial Financial Accounting Assignments AE9-8 Solution

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