Question: X Your answer is incorrect. Oriole, Inc. management is considering purchasing a new machine at a cost of $4,060,000. They expect this equipment to produce
X Your answer is incorrect. Oriole, Inc. management is considering purchasing a new machine at a cost of $4,060,000. They expect this equipment to produce 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 investment? (Enter negative amounts using negative signeg. 45.25. Do not round discount factors. Round other intermediate calculations and final answer to decimal places, e.g. 1,525.) The NPV is $ 342,363
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