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(ignore income taxes) Racewheel Corporation is considering the purchase of a machine that would cost $300,000, would last 7 years, and would have no salvage
(ignore income taxes) Racewheel Corporation is considering the purchase of a machine that would cost $300,000, would last 7 years, and would have no salvage value. Required
A. Determine the net present value of the product. Show your work!
B. Should the company purchase the machine?
Searched for more information. Is there a way around to make assumptions or we just don't have enough data?
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