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10-0 (COOK/static) Question Help NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of

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10-0 (COOK/static) Question Help NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $360,000 and will generate after tax cash inflows of $62,650 per year for 8 years. If the cost of capital is 10%, calculate the nel present value (NPV) and indicate whether to accept of Teject the machine The NPV of the project is (Round to the nearest cent)

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