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XYZ Company purchased a machine for $149,625. The machine had no salvage value and a six-year life. The internal rate of return on the machine

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XYZ Company purchased a machine for $149,625. The machine had no salvage value and a six-year life. The internal rate of return on the machine was 20%. XYZ Company uses a cost of capital of 10% on all capital budgeting projects. Calculate the net present value on the machine. Ignore income tax effects in your calculations. You will need to use the present value table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 15. Click on the link labeled present value table factors. No credit will be given for this question using a means other than these posted table factors to answer this

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