Brett Collins is reviewing his company's investment in a cement plant. The company paid $12,000,000...
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Brett Collins is reviewing his company's investment in a cement plant. The company paid $ five years ago to acquire the plant. Now top management is considering an opportunity to sell it The president wants to know whether the plant has met original expectations before he decides its fate. The company's desired rate of return for present value computations is percent. Expected and actual cash flows follow: PV of $ and PVA of $ Note: Use appropriate factors from the tables provided. Required a&b Compute the net present value of the expected and atiual cash flows as of the beginning of the investment. Note: Negative amounts should be indicated by a minus sign. Round your intermediate calculations and final answers to the nearest whole dollar. 
Brett Collins is reviewing his company's investment in a cement plant. The company paid $ five years ago to acquire the
plant. Now top management is considering an opportunity to sell it The president wants to know whether the plant has met original
expectations before he decides its fate. The company's desired rate of return for present value computations is percent. Expected
and actual cash flows follow: PV of $ and PVA of $
Note: Use appropriate factors from the tables provided.
Required
a&b Compute the net present value of the expected and atiual cash flows as of the beginning of the investment.
Note: Negative amounts should be indicated by a minus sign. Round your intermediate calculations and final answers to the
nearest whole dollar.
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