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Please explain The Loviscek Co. is considering the purchase of a new machine. Financial projections for the investment are provided below. Year 0 1 2

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The Loviscek Co. is considering the purchase of a new machine. Financial projections for the investment are provided below. Year 0 1 2 Cost of New Machine 150,000 Revenues 200,000 250,000 Expenses 150,000 165,000 Depreciation 25,000 25,000 Net Working Capital 20,000 25,000 30,000 After Year 2 cash flows will grow at a constant rate of 3% forever. The company discounts all cash flows at 10% and a marginal tax rate of 30%. What is the Net Present Value of the project

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