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What is the net present value of the machine

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Question 1: HAL E. Burton hospital can purchase a new machine to be placed in an undisclosed location for 1000000 that will provide an annual net cash flow of 300000 per year for 5 years . the machine will be sold for 100000 at the end of 5 year. What is the net present value of the machine if the required rate of rerun is 11.5%?

Reference no: EM132490956

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