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Assume that a company is considering purchasing a machine for $ 5 0 , 0 0 0 that will have a five - year useful

Assume that a company is considering purchasing a machine for $50,000 that will have a five-year useful life and a $5,000 salvage value. The machine will lower operating costs by $16,000 per year. The companys required rate of return is 17%. The net present value of this investment is?

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