Il Question 3 Not yet answered Marked out of 5.00 P Flag question Dubai Corporation would like to invest in a Manufacturing Machine with cash flows of $900,000 per year pre-tax. Given; Initial investment of $3 million, Marginal tax rate 40%, Pretax cost of debt 10%, Cost of Preferred Stock 12% Cost of Common stock 15%, Total Debt $20 million and Common Stock $15 million Preferred Stock $15 Million What is the value (NPV) of the machine? 1 B I E