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An Investment that costs $23,000 will produce annual cash flows of $4,600 for a period...

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Accounting

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An Investment that costs $23,000 will produce annual cash flows of $4,600 for a period of 6 years. Further, the investment has an expected salvage value of $2,800. Given a desired rate of return of 11%, the investment will generate a : Multiple Choice negative net present value of $23,000 negative net present value of $1.497. negative net present value of $2,043 positive net present value of $19,460

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