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Fraiser International has decided to purchase a pressing machine for Rs. 1,000,000. The machine is expected to generate a cash flow of Rs. 25,000 per

Fraiser International has decided to purchase a pressing machine for Rs. 1,000,000. The machine is expected to generate a cash flow of Rs. 25,000 per month and requires a monthly cost of Rs. 8,000 to run. The expected useful life of the machine is 15 years with no salvage value. The discount rate is 8%. Please calculate NPV and advise Fraiser International about WHY they should invest or reject the project

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