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The following present value factors are provided for use in this problem. Present Value of $1 at 8% Present Value of an Periods 0.9259 1.7833

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The following present value factors are provided for use in this problem. Present Value of $1 at 8% Present Value of an Periods 0.9259 1.7833 2.5771 3.3121 0.8573 0.7938 0.7350 Xavier Co. wants to purchase a machine for $37,400 with a four year life and a $1,100 salvage value. Xavier requires an 8% return on investment. The expected year-end net cash flows are $12,400 in each of the four years. What is the machine's net present value? Multiple Choice $41,879 $(3.670 Next > 25 of 30 Prev $41,879. $(3,670) $(4,479). $4.479 $3,670 25 30

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