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Rover Company is analyzing a special investment project. The project will require the purchase of two machines for $25,000 and $8,000 (both machines are required).
Rover Company is analyzing a special investment project. The project will require the purchase of two machines for $25,000 and $8,000 (both machines are required). The total residual value at the end of the project is $1,800. The project will generate cash inflows of $13,000 per year over its 12 - year life. If the company requires a 6% return, what is the net present value (NPV) of this project? A. $75,992 B. $76,887 C. $38,928 D. $37,421
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