Kingston, Inc. management is considering purchasing a new machine at a cost of $4,150,315. They expect this equipment to produce cash flows of $756,424, $834,614, $932,657, $1,071,731, $1,298,352, and $1,243,375 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 $ _____________
Kingston, Inc. management is considering purchasing a new machine at a cost of $4,150,315. They expect this equipment to produce cash flows of $756,424, $834,614, $932,657, $1,071,731, $1,298,352, and $1,243,375 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 $ _____________
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 18EA: Consolidated Aluminum is considering the purchase of a new machine that will cost $308,000 and...
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Kingston, Inc. management is considering purchasing a new machine at a cost of $4,150,315. They expect this equipment to produce cash flows of $756,424, $834,614, $932,657, $1,071,731, $1,298,352, and $1,243,375 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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