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The cost of a new machine is $300,000. The machine has a 3-year life and no salvage value. If the cash flow each year is

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The cost of a new machine is $300,000. The machine has a 3-year life and no salvage value. If the cash flow each year is equal to 50 percent of the cost of the machine, calculate the NPV of the project assuming a cost of capital of 10% Multiple Choice $66.56 -$39.66 373.02 $73.03

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