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statuscvo [17]
3 years ago
15

Cliff Co. wants to purchase a machine for $42,000, but needs to earn a return of 11%. The expected year-end net cash flows are $

14,000 in each of the first three years, and $18,000 in the fourth year. What is the machine's net present value
Business
1 answer:
grandymaker [24]3 years ago
3 0

Answer:

54 percent

Explanation:

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olya-2409 [2.1K]

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3 years ago
QUESTION 1
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