Considering the purchase of a machine with capital budget

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Builtrite has estimated their cost of capital is 14% and they are considering the purchase of a machine with the following capital budget: Initial Investment $62,000 RATFCF Year 1 $22,000 RATFCF Year 2 $30,000 RATFCF Year 3 $38,000 What is the machine’s NPV? A)$4,824 B)$5,783 C)$6,014 D) $5,442

Reference no: EM131023094

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