Kingston inc management is considering purchasing a new


Kingston, Inc. management is considering purchasing a new machine at a cost of $4,455,781. They expect this equipment to produce cash flows of $787,449, $830,298, $1,012,699, $1,012,026, $1,271,789, and $1,128,225 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.) The NPV is $

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Financial Management: Kingston inc management is considering purchasing a new
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