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Kss612 Kss612
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9 months ago

Congener Beverage Corporation is considering an investment in a project that has an internal rate of return of 20%. The only cash outflow for this project is the initial investment. The project is estimated to have an 8 year life and no salvage value. Cash inflows from this project are expected to be $100,000 per year in each of the 8 years. Congener's discount rate is 16%. What is the net present value of this project? (Ignore income taxes.)

Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.



▸ $5,215

▸ $15,464

▸ $50,700

▸ $55,831
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Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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psstone42psstone42
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9 months ago
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Kss612 Author
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9 months ago
You make an excellent tutor!
jodie1
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Yesterday
Helped a lot
Brownr40
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2 hours ago
Thanks
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