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Calculating Project NPV Chauhan Restaurant is considering the purchase of a souffl maker that costs $8,600. The souffl maker has an economic life of five

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Calculating Project NPV Chauhan Restaurant is considering the purchase of a souffl maker that costs $8,600. The souffl maker has an economic life of five years and will be fully depreciated by the straight-line method. The machine will produce 1,100 souffls per year, with each costing $2.15 to make and priced at $5.95. The discount rate is 14 percent and the tax rate is 21 percent. Should the company make the purchase

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