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View Policies Current Attempt in Progress Cheyenne Company is proposing to spend $225,000 to purchase a machine that will provide annual cash flows of

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View Policies Current Attempt in Progress Cheyenne Company is proposing to spend $225,000 to purchase a machine that will provide annual cash flows of $43,000 over a 10- year period. The appropriate present value factor for 10 periods is 5.65022. Click here to view PV tables. Compute the proposed investment's net present value. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to O decimal places, e.g. 5,275.) Net present value $ Indicate whether the investment should be made by Cheyenne Company. Investment be made by Cheyenne Company. Save for Later Attempts: 0 of 1 used Submit Answer

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