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Net present value Darfield Treats, a confectioner, is thinking of purchasing a new jellybean-making machine at a cost of $312 500. The company projects that
Net present value Darfield Treats, a confectioner, is thinking of purchasing a new jellybean-making machine at a cost of $312 500. The company projects that the cash flows from this investment will be $89 575 for each of the next 7 years. If the appropriate discount rate is 14 percent, what is the NPV for the project?
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