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estion Help P10-6 (similar to) NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment

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estion Help P10-6 (similar to) NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $340,000 and will generate after-tax cash inflows of $62.250 per year for 8 years. If the cost of capital is 13%, calculate the not present value (NPV) and indicate whether to accept or reject the machine The NPV of the project is $ (Round to the nearest cent.)

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