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Project Y requires a $303,000 investment for new machinery with a six-year life and no salvage value. The project yleids the following annuali results. Cash

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Project Y requires a $303,000 investment for new machinery with a six-year life and no salvage value. The project yleids the following annuali results. Cash flows occur evenly within each year, (PV of S1. FV of \$1, PVA of \$1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) 4. Determine Project Y's net present value using 8% as the discount rate. (Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole dollar.)

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