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QUESTION 23 Ajax is considering investing in a new machine that costs $50,000. It is expected that the new machine will save $9,000 a year

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QUESTION 23 Ajax is considering investing in a new machine that costs $50,000. It is expected that the new machine will save $9,000 a year in operating costs over the next 6 years Determine the Net Present Value of this investment if the company's required rate of return is 14%

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