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chico company is considering the purchase of a new high speed machine for its factory. The machine will cost 160,000 and will save the company

chico company is considering the purchase of a new high speed machine for its factory. The machine will cost 160,000 and will save the company 45,000 per year in cash operating costs. the machine has an estimated useful life of five years and no expected salvage value. the cost of capital is 12%

compute the net present value

what is the maximum amount the company should be willing to pay for the machine

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