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A firm is considering the purchase of a machine for $3,349,000. The machine is expected to generate net revenues of $1,149,000 for 4 years before

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A firm is considering the purchase of a machine for $3,349,000. The machine is expected to generate net revenues of $1,149,000 for 4 years before it is worn out. If the cost of capital is 13%, what is the NPV? Should the firm buy the machine? The net present value is $ (Round to the nearest dollar.)

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