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NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $380,000 and will generate

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NPV for varying costs of capital LePew Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $380,000 and will generate after-tax cash inflows of 563,050 per year for 8 years. If the cost of capital is 12%, calculate the net present value (NPV) and indicate whether to accept or reject the machine The NPV of the project is $]. (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer 1 part remaining Clear All Check

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