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The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present

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The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for five years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Income from Net Cash E Qperations Fl 1 $13,750 $93,750 2 13,750 93,750 3 13,750 93,750 4 13,750 93,750 5 13,750 93,750 The net present value for this investment is 02.. $19,375 Ob. $113,145 05, $013,145} Od. $09375)

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