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E. Nuff Rope Company can invest in a twisting machine that will cost $500,000 today, result in $75,000 in cash flows for each of the
E. Nuff Rope Company can invest in a twisting machine that will cost $500,000 today, result in $75,000 in cash flows for each of the next 10 years and cost $100,000 in the final year (year 10) to dismantle. If the required return is 8% per year, what is the NPV of the twisting machine?
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