Question: Monster Beverage is considering purchasing a new canning machine. This machine costs ( $ 3,500,000 ) up front. Jennifer So that is the present-day value

 Monster Beverage is considering purchasing a new canning machine. This machine

Monster Beverage is considering purchasing a new canning machine. This machine costs \\( \\$ 3,500,000 \\) up front. Jennifer So that is the present-day value of expected cash flow 3 years from now? Linda Martinez Yes, Monster expects a \11.0 annual return on their investments, so we must discount the future cash flows by \11.0 for every year in the future they occur. What is the present value of all future cash flows? Note: do not include value of Year 0 cash flow

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