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Herky Foods is considering acquisition of a new wrapping machine By purchasing the machine, Herky will save money on packaging in each of the next

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Herky Foods is considering acquisition of a new wrapping machine By purchasing the machine, Herky will save money on packaging in each of the next 5 years, producing the series of cash inflows shown in the following table The initial investment is estimated at $1.01 million Using a 9% discount rate, determine the net present valun (NPV) of the machine given its expected operating cash inflows Based on the project's NPV should Herky make this investment? The not present value (NPV) of the new wrapping machine is $1. (Round to the nearest cont) X Data Table (Click on the icon here into a spreadsheet) in order to copy the contents of the data table below Year 1 2. 3 4 5 Cash inflow $323,200 $303,000 $242,400 $282,800 $161,600 Print Done Hansinar Riny annan her AntAR

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