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Palmetto products is considering the purchase of a new industrial machine. The estimated cost of...

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Accounting

Palmetto products is considering the purchase of a new industrial machine. The estimated cost of the machine is 50,000. The machine is expected to generate annual cash inflows for the next four years as follows year 1= 25000 Year 2= 20000 Year 3= 20000 and year 4= 15000 no risidual value at the end of its life. Discount rate is 16% WHAT IS NPV OF MACHINE IGNORE TAXES

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