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QUESTION 3 A firm is deciding whether or not to invest in a new piece of machinery. The equipment would cost $2000, and it would
QUESTION 3 A firm is deciding whether or not to invest in a new piece of machinery. The equipment would cost $2000, and it would increase cash flows by $600 for the next four years. If the cost of capital is 5% then the net present value of the investment is
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