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Canvas 4 XC Question 26 2 pts The following present value factors are provided for use in this problem. Periods 1 Present Value of $1

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Canvas 4 XC Question 26 2 pts The following present value factors are provided for use in this problem. Periods 1 Present Value of $1 at 8% 0.9259 0.8573 0.7938 0.7350 2 Present Value of an Annuity of $1 at 8% 0.9259 1.7833 2.5771 3.3121 3 4 Cliff Co. wants to purchase a machine for $58,000, but needs to earn a return of 8%. The expected year-end net cash flows are $22.000 in each of the first three years, and $26,000 in the fourth year. What is the machine's net present value? $92.000. $75,806. $(38,890). $(1.304). $17,806

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