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ACC- Briarcrest Condiments is a spice-making firm

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Question;Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,818,060. have a life of five years, and would produce the cash flows shown in the following table.Year Cash Flow1 $575,8922 -234,0483 895,0364 948,8875 870,492What is the NPV if the discount rate is 16.64 percent? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.)

 

Paper#44190 | Written in 18-Jul-2015

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