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i Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 1 2
i Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 1 2 3 4 5 01 WN Cash inflow S531,200 5498,000 $398,400 $464,800 $265,600 The initial investment is $1.66 million. Using a 5% discount rate, determine the net present value (NPV) of the machine Herky Foods is evaluating a new wrapping machine. With 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: Es 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 cent.)
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