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Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $ 9

Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $95,000 and will generate net cash inflows of $21,000 per year for 8 years.
a.What is the project's NPV using a discount rate of 9 percent? Should the project be accepted? Why or why not?
a.If the discount rate is 9percent, then the project's NPV is $
enter your response here. (Round to the nearest dollar.)

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