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Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by $318,000 per year. You believe the

Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by $318,000 per year. You believe the technology used in the machine has a 10-year life; in other words, no matter when you purchase the machine, it will be obsolete 10 years from today. The machine is currently priced at $1,710,000. The cost of the machine will decline by $105,000 per year until it reaches $1,185,000, where it will remain.

If your required return is 13 percent, calculate the NPV if you purchase the machine today

NPV = 15,545

If your required return is 13 percent, calculate the NPV if you wait to purchase the machine until the indicated year (two decimal places)

Year 1 NPV = ???

Year 2 NPV = ???

Year 3 NPV = ???

Year 4 NPV = ???

Year 5 NPV = ???

Year 6 NPV = ???

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