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Use this information for Wyoming Corporation to answer the question that follow. The management of Wyoming Corporation is considering the purchase of a new machine

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Use this information for Wyoming Corporation to answer the question that follow. 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: Year 1 2 Income from Operations $18,750 18,750 18,750 18,750 18,750 Net Cash Flow $93,750 93,750 93,750 93,750 93,750 3 4 5 The net present value for this investment is a. $(19,875) b. $19,875 C. $(118,145) d. $118,145

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