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The Zenden Corporation is evaluating the purchase of a machine. The new machine would cost $225,000 and be depreciated for tax purposes by the straight-line

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The Zenden Corporation is evaluating the purchase of a machine. The new machine would cost $225,000 and be depreciated for tax purposes by the straight-line method over a 7-year life to a salvage value of $15,000. In each year of the machine's life, Zenden Corp. would save $60,000 At the end of its life, the machine could be sold for its accounting salvage value of $15,000. Zenden's tax rate (federal plus state) is 35%, and it has a 12% WACC. What is the net present valme of this canital hudartina nroiect

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