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Kingston, Inc. management is considering purchasing a new machine at a cost of $4,130,000. They expect this equipment to produce cash flows of $757,490, $797,750, $906,130, $1,044,600, $1,093,760, and $1,276,100 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?

Financial Management, Finance

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