GF500 Financial Institutions and Markets Accounting Capital Investments 2 An asset initially costs $100,000. It...

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GF500 Financial Institutions and Markets Accounting Capital Investments 2 An asset initially costs $100,000. It is expected to last for 5 years and it will be worthless at the end of this time. Depreciation is charged on a straight line basis over the asset's useful life. Given the following profits from the investment what is its net present value assuming a discounting rate of 10%? Year 1 $7,500; Year $12,500; Year 3 $16,000; Year 4 $14,000; Year 5 $12,500. A B - C $162,479 $(53,500) Mute time $(37,509)

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