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Newport Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in

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Newport Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $201.000. The equipment will have an initial cost of $945 000 and have a 6 year . There is no salvage value for the equipment the hurdle rate is what is the approximate net present value ignore income taxes Future Value of St Present Value of st Future Value Annuity of $1. Present Value Annuity of Use appropriate factor from the PV tables, Round your final anwwer to the nearest dollar amount) O Positive 56,799 O 6.000

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