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Petitie industries is trying to decide whether to invest in a new automated production process. They have gathered the following information related to the project.

Petitie industries is trying to decide whether to invest in a new automated production process. They have gathered the following information related to the project. Initial cost $850,000 with a 5 year life and salvage value of 30,000. The project is slated to bring in after tax revenue of $225,000 after deduction for depreciation. Compute the NPV assuming Petite has a 12% hurdle rate.

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