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Cash inflows and outflows 2. The machine Jubilee Corporation is considering for purchase (Item 1 above) has an estimated useful life of 5 years. If

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Cash inflows and outflows 2. The machine Jubilee Corporation is considering for purchase (Item 1 above) has an estimated useful life of 5 years. If the new machine is purchased, pretax cash flows are estimated as follows Pretax cash inflows Pretax cash outflows X 7yar $40,500 50,400 44,100 40,500 37,200 $18,000 CI 15750 Year 1 Year 2 Year 3 Year 4 Year 5 27,000 22,500 20,700 18,000 dle p Jubilee's cost of capital is 10% and its tax rate is 30%. Calculate the after-tax net present value of the estimated cash flows

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