StacySams2323 StacySams2323

15-05-2021
Business

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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

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missmadisyntoreal missmadisyntoreal

15-05-2021

Answer:

54 percent

Explanation:

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