Metro shuttle company is considering investing in two new

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Metro Shuttle Company is considering investing in two new vans that are expected to generate combined cash inflows of 25500 per year. The vans combined purchase price is 92000. The expected life and salvage value of each are six years and 21800, respectively. Metro Shuttle has an average cost of capital of 14 percent. Calculate the net present value of the investment opportunity.

Reference no: EM13568328

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