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ody and Clem want to buy a $700,000 machine that will improve the efficiency and effectiveness of their operations. The machine has a ten year

ody and Clem want to buy a $700,000 machine that will improve the efficiency and effectiveness of their operations. The machine has a ten year life and no salvage value, the after tax cash flow of the project is expected to be $140,000 per year, and the required return is 16%. 


What is the net present value of the proposed project?

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The net present value NPV of the project is 23348150 This means that based on the given ... blur-text-image

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