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An piece of machinery costs $90,000. If purchased, the machine will result in the following cash flows for the company: Year 1-$20,000 Year 2- $30,000

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An piece of machinery costs $90,000. If purchased, the machine will result in the following cash flows for the company: Year 1-$20,000 Year 2- $30,000 Year 3-$45,000 Year 4- $30,000 The company uses a required rate of return of 7 %. What is the Net Present Value of the project and should the company accept the project? $14,515.01: yes $4,329.55; no 0 -$2,019.43; no $12,830.18: yes

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