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1 2 24. The Green Goddess Company is considering the purchase of a new machine that would increase the speed of manufacturing tires and save

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1 2 24. The Green Goddess Company is considering the purchase of a new machine that would increase the speed of manufacturing tires and save money. The net cost of the new machine is $45,000. The annual cash flows have the following projections. Year Cash Flow $15,000 20,000 3 25,000 4 10,000 5 5,000 a. If the cost of capital is 10 percent, what is the NPV? b. What is the IRR? c. Should the project be accepted? Why

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