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Business, 20.06.2020 17:57 karatekats1

The management of Penfold Corporation is considering the purchase of a machine that would cost $320,000, would last for 5 years, and would have no salvage value. The machine would reduce labor and other costs by $76,000 per year. The company requires a minimum pretax return of 12% on all investment projects. determine the appropriate discount factor(s) using the tables provided The net present value of the proposed project is closest to (Ignore income taxes.):. a. $(46,020)
b. $(6,020)
c. $(122,020)
d. $(319,997)

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