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A machine costs $200,000 and is expected to last for four years. The machine is expected to have no salvage value at the end of

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A machine costs $200,000 and is expected to last for four years. The machine is expected to have no salvage value at the end of four years. The machine is expected to produce new revenues for the firm of $80,000 per year over the next four years. If the tax rate is 20% and the straight line form of depreciation is used, what is the net present value of the project? Assume the risk-adjusted cost of capital is 12%. $34,570.04 ($127.103.62) $72,896.38 $24.763.85 ($108,879.52)

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