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Problem 6 Intro Vision Medical Labs wants to expand its service offering by buying a new machine. The machine will cost $250,000 and will generate

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Problem 6 Intro Vision Medical Labs wants to expand its service offering by buying a new machine. The machine will cost $250,000 and will generate additional annual expenses of $22,000 for labor and materials forever. Apart from these expenses, it will create annual profits of $73,000 forever. The company has a cost of capital of 11% and the tax rate is zero. Attempt 1/10 for 10 pts. Part 1 What is the NPV of the machine project? + decimals Submit

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