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A machine costs $500,000 and would produce cash flows of $150,000 per year for the first two years, $180,000 per year for the next two
A machine costs $500,000 and would produce cash flows of $150,000 per year for the first two years, $180,000 per year for the next two years, and $80,000 in the final year. If the required return is 15%, what is the NPV of buying the new machine
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