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Calculate the NPV of a machine which is bought for $6,000, sold at the end of year 5 for $2,000.00, and produces the following cash
Calculate the NPV of a machine which is bought for $6,000, sold at the end of year 5 for $2,000.00, and produces the following cash flows: Year 1 $2,000, Year 2 $1,750, Year 3 $1,500, Year 4 $1,000, Year 5 $500, assume the cost of capital is 8%.
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