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S 24-19 Net present value with unequal cash flows P3 Following is information on an investment in a manufacturing machine. The machine has zero salvage
S 24-19 Net present value with unequal cash flows P3 Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 12% return from its investments. Compute this machine's net present value. Initial investment Net cash flows: Year 1 Year 2 Year 3 $(200,000) 100,000 90,000 75,000
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