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A Corporation is considering the purchase of a new machine costing $170,000. The machine would generate net cash inflows of $45,000 per year for 5

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A Corporation is considering the purchase of a new machine costing $170,000. The machine would generate net cash inflows of $45,000 per year for 5 years. At the end of 5 years, the machine would have no salvage value. The corporation's cost of capital is 6 percent. Using excel spreadsheet or financial calculator, what is the net present value for the investment? (round to the nearest dollar): Select one: O a. $(8,450) O b. $7,672 O c. $19,556 O d. $7,250 1 g t.php?attempt=3320118cmid=351368&page 36 0

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