ABC Service can purchase a new assembler for $15,052 that will - 11238

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umer

umer

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Price: $1.25
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  • Posted on: Wed 20 Jun, 2012
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Request Description

ABC Service can purchase a new assembler for $15,052 that will provide an annual net cash flow of $6,000 per year for five years. Calculate the NPV of the assembler if the required rate of return is 12%. (Round your answer to the nearest $1.)

A.   $7,621

B.   $6,577

C.   $1,056

D.   $4,568

Solution Description

ABC Service can purchase a new assembler for $15,052 that will provide an annua