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The Green Goddess Company is considering the purchase of a new machine that would increase the speed of manufacturing tres and save money. The net

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The Green Goddess Company is considering the purchase of a new machine that would increase the speed of manufacturing tres and save money. The net cost of the new machine is 563,000. The annual cash flows have the following projections (Une Financial calculator to arrive at the answers.) Year 1 2 3 Cash Flow $25,00 26.000 29,000 17,000 10,000 5 a. If the cost of capital is 6 percent, what is the NPV? (Round the final answer to the nearest whole dollar) NPV b. What is the IRR? (Round the final answer to 2 decimal places.) IRR c. Should the project be accepted? Yes No

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