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Business, 20.10.2019 19:30 drakesmith43

Question mantua motors is evaluating a capital investment opportunity. this project would require an initial investment ofâ $38,000 to purchase equipment. the equipment will have a residual value at the end of its life ofâ $3,000. the useful life of the equipment is 5 years. the new project is expected to generate additional net cash inflows ofâ $12,000 per year for each of the five years. mantuaâ motors' required rate of return isâ 14%. the net present value of this project is closest to

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