What is the npv of this investment

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Kingston, Inc. management is considering purchasing a new machine at a cost of $3,877,780. They expect this equipment to produce cash flows of $803,166, $909,719, $959,088, $1,109,873, $1,272,031, and $1,103,970 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?

Reference no: EM13551553

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