Fimbrez Corporation has provided the following data concerning an investment project that it is considering:...
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Accounting
Fimbrez Corporation has provided the following data concerning an investment project that it is considering: Initial investment $210,000 Annual cash flow $126,000 per year Expected life of the project 4 years Discount rate 9% Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. The net present value of the project is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) rev: 05_13_2016_QC_CS-51636 $(198,114) $210,000 $(84,000) $198,114
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