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Monster Beverage is considering purchasing a new canning machine. This machine costs $3,500,000 up front. Required return = 12.1% Year Cash Flow 0$-3,500,0001$1,000,0002$1,200,0003$1,300,0004$900,0005$1,000,000 What is

Monster Beverage is considering purchasing a new canning machine.

This machine costs $3,500,000 up front.

Required return = 12.1%

YearCash Flow0$-3,500,0001$1,000,0002$1,200,0003$1,300,0004$900,0005$1,000,000

What is the value of Year 3 cash flow discounted to the present?

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