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Required information [The following information applies to the questions displayed below.) A company is considering investing in a new machine that requires a cash payment

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Required information [The following information applies to the questions displayed below.) A company is considering investing in a new machine that requires a cash payment of $38,198 today, The machine will generate annual cash flows of $15,904 for the next three years. Assume the company uses an 8% discount rate. Compute the net present value of this investment. (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Chant Values are Based on: + n % Select Chart Amount X Cash Flow Annual cash flow PV Factor Present Value $ 0 Net present value

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