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Kingston, Inc. management is considering purchasing a new machine at a cost of $4,143,151. They expect this equipment to produce cash flows of $853,491, $941,574,
Kingston, Inc. management is considering purchasing a new machine at a cost of $4,143,151. They expect this equipment to produce cash flows of $853,491, $941,574, $967,523, $1,099,498, $1,303,447, and $1,274,245 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?
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