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Management of Ivanhoe Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. It projects that the cash flows

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Management of Ivanhoe Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. It projects that the cash flows from this investment will be $132,100 for each of the next seven years, If the appropriate discount rate is 14 percent, what is the NPV for the project? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e-s. (45). Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1.525.) NPV $

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