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Herky Foods is evaluating a new wrapping machine. With the machine, Horky will save money on packaging in each of the next 5 years, producing

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Herky Foods is evaluating a new wrapping machine. With the machine, Horky 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 $1.25 million. Using a 6% discount rate, determine the nel present value (NPV) of the machine given its expected cash inflows. Based on the project's NPV, should Herky make this investment? The net present value (NPV) of the new wrapping machine is $. (Round to the nearest oant) od Data table - ho (Click on the icon here in order to copy the contents of the data table below Into a spreadsheet.) ult Year 1 2 3 4 5 Cash Inflow $400,000 $375,000 $300,000 $350,000 $200,000 Lion Food will sho Print Done Herly Etext pages Financial calculator Ask my instructor

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