Question: Blossom, Inc. management is considering purchasing a new machine at a cost of $4,480,000. They expect this equipment to produce cash flows of $749,490,5934,650 $971,930,
Blossom, Inc. management is considering purchasing a new machine at a cost of $4,480,000. They expect this equipment to produce cash flows of $749,490,5934,650 $971,930, $1,021,400, $1.291.260, and $1,198,500 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment? (Enter negative amounts using negative signe.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.) The NPVIS $ 1
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