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Boston Company is contemplating the purchase of a new machine on which the following information has been gathered: Cost of the Machine $38,900 Annual Cash
Boston Company is contemplating the purchase of a new machine on which the following information has been gathered: Cost of the Machine $38,900 Annual Cash Inflows Expected $10,000 Salvage Value $ 5,000 Life of the Machine 6 years The company's discount rate is 16%, and the machine will be depreciated using the straight-line method. Given these data, what is the net present value of the machine
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