Rayburn Industries is evaluating the investment of $126,600 in a new packing machine that should...
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Rayburn Industries is evaluating the investment of $126,600 in a new packing machine that should provide annual cash operating inflows of $27,950 for 6 years. At the end of 6 years, the packing machine will be sold for $5,110. Rayburns required rate of return is 9%. Collapse question part (a) What is the machines net present value? (Round present value factor calculations to 4 decimal places, e.g. 1.2512 and final answer to 0 decimal places e.g. 58,971.) Net present value $
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