Question: Capital Budgeting Problem #1 - NPV AJ Inc. is contemplating the following investment Cost of Investment $ 124,000 Estimated Life 3 Years Annual Net Cash

 Capital Budgeting Problem #1 - NPV AJ Inc. is contemplating the

following investment Cost of Investment $ 124,000 Estimated Life 3 Years Annual

Capital Budgeting Problem #1 - NPV AJ Inc. is contemplating the following investment Cost of Investment $ 124,000 Estimated Life 3 Years Annual Net Cash Flows: Year 1 58,000 Year 2 50,000 Year 3 44,000 Estimated Salvage Value $ 10,000 Assuming AJ Inc's cost of capital is 8%; calculate the NPV of this Investment

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