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Sandhill Condiments is a spice-makinh firm. Recently, it developed a new process for producing spices. The process requires new machinery thay would cost $1,880,338, have
Sandhill Condiments is a spice-makinh firm. Recently, it developed a new process for producing spices. The process requires new machinery thay would cost $1,880,338, have a life of five years, and would produce the cash flows shown in the following table.
Year 1: $522,372
Year 2: $-194,300
Year 3: $900,920
Year 4: $871,420
Year 5: $759,480
What is the NPV if the discount rate is 17 percent?
(Enter negative amounts using negative sihn e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places; e.g. 1,525)
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