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Help Save & Exit Submit The following present value factors are provided for use in this problem. Periods 1 2. 3 4 Present Value of

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Help Save & Exit Submit The following present value factors are provided for use in this problem. Periods 1 2. 3 4 Present Value of $1 at 11 0.9009 0.8116 0.7312 0.6587 Present Value of an Annuity of $1 at 118 0.9009 1.7125 2.4437 3.1024 Cliff Co. wants to purchase a machine for $52,000, but needs to earn a return of 17%. The expected year-end net cash flows are $19,000 in each of the first three years, and $23,000 in the fourth year. What is the machine's net present value? Multiple Choke $5.5701 $9,580 USB 500,000 Multiple Choice O $(5,570). $9,580. $61,580. $(36,850). $80,000

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