Equipment to produce cash flows

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Kingston, Inc. management is considering purchasing a new machine at a cost of $4,129,832. They expect this equipment to produce cash flows of $821,407, $841,261, $853,835, $1,065,425, $1,134,239, and $1,296,663 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?

Reference no: EM13885120

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