Your Corporation is investigating an investment in equipment that would have a useful life of 8 years. The company uses a discount rate of 6% in its capital budgeting. The net present value of the investment, excluding the annual cash inflow, is ($401,414). To the nearest whole dollar how large would the annual cash inflow have to be to make the investment in the equipment financially attractive Group of answer choices $ 59,619 $802,828 $ 66,791 $ 64,640 $401,414
Your Corporation is investigating an investment in equipment that would have a useful life of 8 years. The company uses a discount rate of 6% in its capital budgeting. The net present value of the investment, excluding the annual cash inflow, is ($401,414). To the nearest whole dollar how large would the annual cash inflow have to be to make the investment in the equipment financially attractive Group of answer choices $ 59,619 $802,828 $ 66,791 $ 64,640 $401,414
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 5PB: Mason, Inc., is considering the purchase of a patent that has a cost of $85000 and an estimated...
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(Ignore income taxes in this problem) Your Corporation is investigating an investment in equipment that would have a useful life of 8 years. The company uses a discount rate of 6% in its capital budgeting. The net present value of the investment, excluding the annual cash inflow , is ($401,414). To the nearest whole dollar how large would the annual cash inflow have to be to make the investment in the equipment financially attractive
Group of answer choices
$ 59,619
$802,828
$ 66,791
$ 64,640
$401,414
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