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A company is considering the purchase of a new machine that will cost the company $30,000 and will be worth zero at the end of 3 years. Their current tax rate is 20% and they will depreciate the machine $10,000 over the next 3 years. The cost of capital is 4% for the company. What is the net present value of the investment of the machine?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91524479

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