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What is npv and if npv is negative

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ABC Company is considering investing in a new piece of machinery with a cost of $-10565. The asset has a three year life. The annual cash flows are estimated at:

Year 1 $2088

Year 2 $3381

Year 3 $6015

The discount rate is 8%

What is NPV? If NPV is negative, put a minus sign in front of the number. Round to the nearest whole number

 

Reference no: EM131782473

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