Sample Test Problem 9.1 Techno Corp. management is considering developing new computer software. The cost...
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Sample Test Problem 9.1 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? (Round answer to 0 decimal places, e.g. 5,275.) Net present value
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