Determine what is the npv of this investment

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A machine that costs $1,500,000 has a 3-year life.

It will generate after tax annual cash flows of $700,000 at the end of each year.

It will be salvaged for $200,000 at the end of year 3.

If your required rate of return for the project is 13%, what is the NPV of this investment?

Reference no: EM13201823

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