Question: Hello, could you solve my study guide for me? True or False? While searching the maximum price you are willing to pay for a new

Hello, could you solve my study guide for me?

True or False? While searching the maximum price you are willing to pay for a new piece of equipment, you can setup the cash flows that the machine is expected to generate and then plug in the NPV formula. Then you can use Goal Seek in Excel to search the initial purchase price of the machine that sets the NPV equal to zero.

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