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Kingston, Inc. management is considering purchasing a new machine at a cost of $3,899,699. They expect this equipment to produce cash flows of $751,375, $875,879, $861,708, $1,095,836, $1,206,531, and $1,338,680 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91557626

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