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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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