Management of Cullumber Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a...
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Management of Cullumber Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. It projects that the cash flows from this investment will be $129,600 for each of the next seven years. If the appropriate discount rate is 14 percent, what is the NPV for the project? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not round discount factors. Round other intermediate calculations and final answer to O decimal places, e.g. 1,525.) NPV $ Management of Cullumber Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. It projects that the cash flows from this investment will be $129,600 for each of the next seven years. If the appropriate discount rate is 14 percent, what is the NPV for the project? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not round discount factors. Round other intermediate calculations and final answer to O decimal places, e.g. 1,525.) NPV $
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