They expect this equipment to produce cash flows of 814322


Net present value: Kingston, Inc. management is considering purchasing a new machine at a cost of $6,137,270. They expect this equipment to produce cash flows of $814,322, $663,275, $637,250, $1,817,112, $1,292,960, and $1,225,000 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment.

Solution Preview :

Prepared by a verified Expert
Finance Basics: They expect this equipment to produce cash flows of 814322
Reference No:- TGS01720076

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)