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2 thank you 2. (Ignore income taxes in this problem.) Tangen Corporation is considering the purchase of a machine that would cost $380,000 and would

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2. (Ignore income taxes in this problem.) Tangen Corporation is considering the purchase of a machine that would cost $380,000 and would last for six years. At the end of six years, the machine would have a salvage value of $80,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $104,000. The company requires a minimum pretax return of 14 percent on all investment projects. The net present value of the proposed project is closest to O A. $104,456 O B. $24,456 O C. $60,936 O D. $133,753

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