Question: Required Information Use the following information for the Quick Study below. {The following information applies to the questions displayed below.) Following is information on an

 Required Information Use the following information for the Quick Study below.

Required Information Use the following information for the Quick Study below. {The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 9% return from its investments. Initial investment Expected net cash flove in Year 1 Year 2 Year 3 Investment AL $(400,000) 145,000 146,000 115,000 QS 24-12 Net present value, with salvage value LO P3 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $25,000. Compute the investment's net present value. (PV of $1. FV of $1. PVA of $1, and FVA of $1 (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Present Value of 1 at 9% Present Value Cash Flow $ 145,000 146,000 Year 1 Year 2 Year 3 Totals $ $ 291,000 Amount invested Net present value $

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