What is the NPV of the project

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Question - Paul Restaurant is considering the purchase of a $11,000 soufflé maker. The soufflé maker has an economic life of 8 years and will be fully depreciated by the straight-line method. The machine will produce 1,400 soufflés per year, with each costing $2.70 to make and priced at $4.70. The discount rate is 11 percent and the tax rate is 24 percent. What is the NPV of the project?

Reference no: EM133047237

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