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The owners of a chain of fast-food restaurants spend $500000 installing donut makers in all their restaurants. This is expected to increase cash flows by
The owners of a chain of fast-food restaurants spend $500000 installing donut makers in all their restaurants. This is expected to increase cash flows by $150000 per year for the next 6 years. The discount rate is 8%. What is the net present value of installing the donut makers?"" Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer.
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