The machine will be sold for 120000 after taxes at the end, Finance Basics

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The machine will be sold for 120000 after taxes at the end

Raindrip Corp. can purchase a new machine for $1,875,000 that will provide an annual net cash flow of $650,000 per year for five years. The machine will be sold for $120,000 after taxes at the end of year five. What is the net present value of the machine if the required rate of return is 13.5%.

A) $558,378
B) $513,859
C) $473,498
D) $447,292

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Finance Basics: The machine will be sold for 120000 after taxes at the end

Reference No:- TGS0610724

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Finance Basics: The machine will be sold for 120000 after taxes at the end

Reference No:- TGS0610724

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The machine will be sold for 120000 after taxes at the end

Reference No:- TGS0610724

Recent Questions Asked Finance Basics

Q : Identify the issue and how both the us government and texas

Q : Bcause a-ba-b the subtraction of signed numbers can be

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