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Avignon Restaurant is considering the purchase of a $ 1 1 , 0 0 0 souffl maker. The souffl maker has an economic life of
Avignon Restaurant is considering the purchase of a $ souffl maker. The souffl maker has an economic life of four years and will be fully depreciated by the straightline method. The machine will produce souffls per year, with each costing $ to make and priced at $ Assume that the discount rate is percent and the tax rate is percent. What is the NPV of the project?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
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