Question
Carla Vista, Inc. management is considering purchasing a new machine at a cost of $4,060,000. They expect this equipment to produce cash flows of $811,690,
Carla Vista, Inc. management is considering purchasing a new machine at a cost of $4,060,000. They expect this equipment to produce cash flows of $811,690, $798,250, $969,930, $1,000,200, $1,165,960, and $1,217,500 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment? (Enter negative amounts using negative sign e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.) The NPV is $enter the NPV in dollars rounded to 0 decimal places
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