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219 0 Daily Enterprises is purchasing a $10.46 million machine. It will cost $51.460.00 to transport and install the machine The machine has a depreciable

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219 0 Daily Enterprises is purchasing a $10.46 million machine. It will cost $51.460.00 to transport and install the machine The machine has a depreciable life of five years using the straight-line depreciation and will have no savage value. The machine will generate incremental revenues of $4.31 milion per year along with incremental costs of $1,36 million per year. Daily's marginal tax rate is 35.00% The cost of capital for the firm is 12.00% answer in dollars.30 convert millions to dolor sed Attempts Bermuingity The project will run for 5 year. What is the NPV of the project at the current cost of capital? Answer format: Currency. Round to: 2 decimal places

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