Question: Daily Enterprises is purchasing a $10.52 million machine, It will cost $50,137.00 to transport and install the machine. The machine has a depreciable life of

 Daily Enterprises is purchasing a $10.52 million machine, It will cost

Daily Enterprises is purchasing a $10.52 million machine, It will cost $50,137.00 to transport and install the machine. The machine has a depreciable life of five years using the stralght-line depreclation and will have no salvage value. The machine will generate incremental revenues of $4.14 million per year along with incremental costs of $1,14m ilion per yoar. Dally's marginal tax rato is 37.00%. The cost of capital for the firm is 10.00%. (answer in dolars. so convert milions to dollars) The project will run for 5 years. What is the NPV of the project at the current cost of capital? Answer format: Currency: Found to: 2 decimal places

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