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You invest in a widget-making machine today, and the machine will have a residual value of $40,000 at the end of four years. Excluding the

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You invest in a widget-making machine today, and the machine will have a residual value of $40,000 at the end of four years. Excluding the residual value, the machine will generate cash inflows of $30,000 at the end of each of the next four years. (T or F) If the net present value (NPV) is $2,416, and the discount rate is 10%, then the approximate amount of the initial investment is $120,000. True False

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