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Finance Problem! Please Help! Management of Sunland Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. They project
Finance Problem!
Please Help!
Management of Sunland Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. They project that the cash flows from this investment will be $144,000 for the next seven years. If the appropriate discount rate is 14 percent, what is the NPV for the project? (Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.)
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