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XYZ is considering a new surgical robot system for the OR costing a total of $2,300,000 (includes installation). The expected cash flows from each year
XYZ is considering a new surgical robot system for the OR costing a total of $2,300,000 (includes installation). The expected cash flows from each year of the 5-year period is $250,000, $320,000, $350,000, $400,000 and $425,000.
- Given an interest rate of 10%, what is the Net Present Value (NPV) for the surgical robot system project?
Please include work with answer.
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