(Ignore income taxes in this problem.) Chee Corporation has gathered the following data on a proposed investment project:
The company uses straight-line depreciation. Assume cash flows occur uniformly throughout a year except for the initial investment.
-The net present value on this investment is closest to:
A) $160,000
B) $240,024
C) $58,800
D) $26,750
Correct Answer:
Verified
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