Question: You are considering a machine that would cost $850,000 and produce cash flows of $300,000 the first year, $200,000 per year for the next two

 You are considering a machine that would cost $850,000 and produce

You are considering a machine that would cost $850,000 and produce cash flows of $300,000 the first year, $200,000 per year for the next two years and $400,000 in the final year. Your required return is 10%. What is the NPV of buying the machine? $247,106 O $11,485 O $250,000 O $1,711,485

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