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Business, 02.12.2021 21:40 kordejah348

The management of Salem Corporation is considering the purchase of equipment costing $109,000, which has an estimated life of 3 years and no salvage value. The net after tax cash flow from the project for each of the three years is expected to be $45,000. The company's cost of capital is 10%. What is the net present value of the proposal

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The management of Salem Corporation is considering the purchase of equipment costing $109,000, which...
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