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Question: Techno Corp. management is considering developing new computer software. The cost of development will be $675,000, and management expects the net cash flow from sale of the software to be $195,000 for each of the next six years. If the discount rate is 14 percent, what is the net present value of this project? Please show breakdown of equation.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92573863

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