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A machine is expected to produce annual savings in cash operating costs of $400,000 for the next six years. If the company has a 10%

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A machine is expected to produce annual savings in cash operating costs of $400,000 for the next six years. If the company has a 10% after-tax hurdle rate and is subject to a 30% income tax rate, the correct discounted net cash flow would be: Multiple Choice $1,742,000 None of the answers is correct. $947,520. $1,219,400. $522,600

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