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Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $2,279,071. have a life of five years, and would produce the cash flows shown in the following table.

Year

Cash Flow

1

$455,814

2

-285,026

3

815,617

4

794,333

5

862,083

What is the NPV if the discount rate is 16.75 percent?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9791881

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