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Swiss imports can acquire a $560,000 machine now that will benefit the firm over the next 5 years. A newly hired staff assistant correctly computed

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Swiss imports can acquire a $560,000 machine now that will benefit the firm over the next 5 years. A newly hired staff assistant correctly computed the net present value to be $81,850 by using a 9% hurdle rate. FV of 1 (i = 9%, n = 5): 1.539 FV of a series of $1 cash flows (i = 9%, n = 5): 5.985 PV of $1 (i = 9%; n = 5): 0. 650 PV of a series of $1 cash flows (i = 9%, n = 5): 3. 890 On the basis of this information, the machine was expected to produce annual cash operating savings of approximately: Multiple Choice O $220,563. O None of the answers is correct. O $641,850. O $165,000. O $114,634

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