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Market Top Investors, Inc., is considering the purchase of a $ 3 4 5 , 0 0 0 computer with an economic life of five
Market Top Investors, Inc., is considering the purchase of a $ computer with an economic life of five years. The computer will be fully depreciated over five years using the straightline method, at which time it will be worth $ The computer will replace two office employees whose combined annual salaries are $ The machine will also immediately lower the firm's required net working capital by $ This amount of net working capital will need to be replaced once the machine is sold. The corporate tax rate is percent. The appropriate discount rate is percent. Calculate the NPV of this project. show work step by step
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