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ercise 6 You are considering purchasing a new machine for $80000 that will save $15000 per year for 8 years. If cost of capital

ercise 6 You are considering purchasing a new machine for $80000 that will save $15000 per year for 8 years. If cost of capital is 12%, what is the net present value (NPV) of buying the new machine? Submit your answer.

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