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Required information [The following information applies to the questions displayed below] Project Y requires a...

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Accounting

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Required information [The following information applies to the questions displayed below] Project Y requires a $342,000 investment for new machinery with a six-year life and no salvage value. The project yleids the following annual results. Cash flows occur evenly within each year. (PV of \$1. FV of S1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) 4. Determine Project Y's net present volue using 6% as the discount rate. (Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole dollar.)

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