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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 $50,949 today. The machine will generate annual cash flows of $22,399 for the next three years. Assume the company uses on 11% discount rate. Compute the net present value of this investment. (PV of $1. Evof $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Chart Values are based on: % Select Chart Amount X PV Factor Cash Flow Annual cash flow Present Value $ Net present value

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