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Business, 26.06.2019 05:20 babydolltia28

Cliff co. wants to purchase a machine for $40,000, but needs to earn an 12% return. the expected year-end net cash flows are $13,000 in each of the first three years, and $17,000 in the fourth year. what is the machine's net present value (round to the nearest whole dollar)?

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Cliff co. wants to purchase a machine for $40,000, but needs to earn an 12% return. the expected yea...
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