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Help Help nts NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $360,000
Help Help nts NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $360,000 and will generate after-tax cash inflows of $63,050 per year for 8 years. If the cost of capital is 11%, calculate the nel present value (NPV) and indicate whether to accept or reject the machine The NPV of the project is $(Round to the nearest cent) work Test Enter your answer in the answer box and then click Check Answer ? 1 pan remaining
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