Cullman transport company is considering investing in a truck that is expected to generate cash inflows of $30,000 per year. the purchase price of the truck is $142,000.
the expected life of the truck is 5 years and it has a salvage value of $32,000. cullman has a required rate of return of 6 percent.
based on this information the net present value of this investment opportunity is : a) $8,283.b) $23,912.c) $126,371.d) $150,283.
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Cullman transport company is considering investing in a truck that is expected to generate cash infl...
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