Question: Oriole, Inc, management is considering purchasing a new machine at a cost of $4,060,000. It expects this equipment to groduce cash flows of $848,690,$844,850,$1,026,030,$979,200,$1,234,260, and
Oriole, Inc, management is considering purchasing a new machine at a cost of $4,060,000. It expects this equipment to groduce cash flows of $848,690,$844,850,$1,026,030,$979,200,$1,234,260, and $1,139,600 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this imvestment? (Enter negative amounts using either a negutive slgn preceding the number es 45 or parentheses eg. (45). Do not round discount foctors. Round other intermediate calculations and final arswer to 0 decimal ploces es. 1.525 . The NPV is: 5
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