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Question 2 2.5pts Jones Plumbing can purchase a new machining tool for $24,500 that will provide an annual net cash flow of $6,500 per year

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Question 2 2.5pts Jones Plumbing can purchase a new machining tool for $24,500 that will provide an annual net cash flow of $6,500 per year for five years. Calculate the NPV of the tool if the required rate of return is 17% $2,338 ($3,704) ($1,244) $10,141

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