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A company wants to expand by buying another machine in order to produce more products. The machine will cost $26156 and installation costs are expected
A company wants to expand by buying another machine in order to produce more products. The machine will cost $26156 and installation costs are expected to be $3038. The machine is expected to generate incremental after-tax cash flows of $8361 in the first year, $10189 in the second year and $20448 in the final year. What is the net present value of the project if the required rate of return is expected to be 12.9%.
Please show the full working step to step how to get an answer. The previous one with the table I did not understand
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