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management is considering the purchase of a machine that would cost $360,000, would last for 7...

management is considering the purchase of a machine that would cost $360,000, would last for 7 years, and would have no salvage value. The machine would reduce labor and other costs by $78,000 per year. The company requires a minimum pretax return of 11% on all investment projects. The net present value of the proposed project is what?

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ekkarill92 answered 2 years ago
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