Question
#32 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.12 million
#32
Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.12 million and create incremental cash flows of $856,245.00 each year for the next five years. The cost of capital is 8.91%. What is the net present value of the J-Mix 2000?
Answer format:Currency: Round to: 2 decimal places.
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
