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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.49 million and create incremental cash flows of $575,352.00 each year for the next five years. The cost of capital is 10.05%. What is the net present value of the J-Mix 2000? Submit Answer format: Currency: Round to: 2 decimal places.

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.49 million and create incremental cash flows of $575,352.00 each year for the next five years. The cost of capital is 10.05%. What is the net present value of the J-Mix 2000? Submit Answer format: Currency: Round to: 2 decimal places.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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# 31 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.49 million and create incremental cash flows of $575,352.00 each year for the next five years. The cost of capital is 10.05%. What is the net present value of the J-Mix 2000? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity
Transcribed Image Text:# 31 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.49 million and create incremental cash flows of $575,352.00 each year for the next five years. The cost of capital is 10.05%. What is the net present value of the J-Mix 2000? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity
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