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! Required information Using a required rate of return of 12%. Perpetual Power Machine Co. - Purchase of a New High Machining Tool Year Cash

! Required information Using a required rate of return of 12%. Perpetual Power Machine Co. - Purchase of a New High Machining Tool Year Cash Flow Year 1 $500 Year 2 500 Year 3 3.000 Year 4 3,000 Year 5 10,000 09 What is this project's NPV If the initial capital investment is $7162? Multiple Choice $3.399 $8.500

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