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Long Horn Medical Services is considering an investment of $100,000. Data related to the investment and present value factors are as follows:

Year Cash Inflows Present Value of $1.00

1 $50,000 0.85

2 46,000 0.72

3 60,000 0.61

4 80,000 0.52

5 50,000 0.44

The investment's net present value is:

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91362373

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