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Vextra Corporation is considering the purchase of new equipment costing $41,500. The projected annual cash inflow is $12,300, to be received at the end of

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Vextra Corporation is considering the purchase of new equipment costing $41,500. The projected annual cash inflow is $12,300, to be received at the end of each year. The machine has a useful life of 4 years and no savage value. Vextra requires a 12% return on its investments The present value of an annuity of $1 for different periods follows. 0.8929 1.6901 2.4018 3.0373 01134 What is the net present value of the machine? Multiple Choice sa735% $(2,800) $41500 7,359 Next > ll

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