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QUESTION 19 (the date when the project ends will not be known until it happens and that will be when the equipment stops working in

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QUESTION 19 (the date when the project ends will not be known until it happens and that will be when the equipment stops working in either 3 years from today or 4 years from What is the NPV of the new machine project? The project would require an initial investment in equipment of $67,000 and would last for either 3 years or in 4 years today). Annual operating cash flows of $21,000 per year are expected each year until the project ends in either 3 years or 4 years. In 1 year, the project is expected to have an after-tax terminal value of $45,000. The cost of capital for this project is 15.4 percent. a.-$9,808 (plus or minus $100) b. $19,369 (Nus or minus $100) OC -$13,533 (plus or minus $100) d. -$7,527 (plus or minus $100) e. None of the above is within $100 of the correct

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