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Pharoah Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1.999,338, have

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Pharoah Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1.999,338, have a life of five years, and would produce the cash flows shown in the following table. What is the NPV if the discount rate is 14 percent? (Enter negative amounts using negative sign e.g. 45. 25. Do not round discount foctors. Round other intermediate calculotions and final answer to 0 decimal ploces, eg. 1,525.) NPV is $

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