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ABC Company is considering investing in a new piece of machinery with a cost of $-10601. The asset has a three year life. The annual
ABC Company is considering investing in a new piece of machinery with a cost of $-10601. The asset has a three year life. The annual cash flows are estimated at: Year 1 $2677 Year 2 $3936 Year 3 $5258 The discount rate is 8% What is NPV? If NPV is negative, put a minus sign in front of the number. Round to the nearest whole number.
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