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Question 1 of 2 Ls Moving to another question will save this response. Question 1 6 points Gambit Boards, Inc. makes custom board games. It
Question 1 of 2 Ls Moving to another question will save this response. Question 1 6 points Gambit Boards, Inc. makes custom board games. It needs to buy a new printing machine at a cost of $10 million. The company anticipates that the new machine will generate additional operating cash flows of $220.000 a month for the next seven years, the company will only use this machine for seven years. At the end of seven years, Gambit Boards anticipates that it can sell the machine for 51 million. The company's required rate of return is 189 (discounted monthly What is the NPV of this investment? Make sure that you note that your core per month and when finding the present value of the cash flows you are discounting month we did this using the toble format). Round your answer to two decimals the answer is negative, include the sign. If it is positive, do not include the "sign For your optional use Bank Excel Workbooks
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