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BBW Company purchased a machine it will generate cash inflows of $7,000 (1-6) years. BBW Company's required rate of return is 14%. If the net

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BBW Company purchased a machine it will generate cash inflows of $7,000 (1-6) years. BBW Company's required rate of return is 14%. If the net present value of this investment is $12,016, the purchase price of the machine was: O a. $30,016 O b. $15,207 O c. $17,916 O d. None of answers are correct

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