Calculate the net present value?

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Question - LePew Cosmetics is evaluating a new? fragrance-mixing machine. The machine requires an initial investment of ?$300,000 and will generate? after-tax cash inflows of ?$62,650 per year for 8 years. If the cost of capital is ?11%, calculate the net present value? (NPV) and indicate whether to accept or reject the machine.

Reference no: EM133168473

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