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Question 25 (3 points) The management of London Corporation is considering the purchase of a new machine costing $750,000. The company's desired rate of return

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Question 25 (3 points) The management of London Corporation is considering the purchase of a new machine costing $750,000. The company's desired rate of return is 9%. In addition to this information. use the following data in determining the acceptability in this situation Year Operations Income from come from Net Cash Flow $37,500 37,500 37,500 37,500 37,500 $187,500 187,500 187,500 187,500 187,500 The net present value for this investment is (show work for credit)

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