(ignore income taxes in this problem) your company uses a discount rate of 10%. the company has an opportunity to buy a machine now for $38,000 that will yield cash inflows of $10,000 per year for each of the next five years. the machine would have no salvage value. the net present value of this machine to the nearest whole dollar is____.

(ignore income taxes in this problem) your company uses a discount rate of 10%. the company has an opportunity to buy a machine now for $38,000 that will yield cash inflows of $10,000 per year for each of the next five years. the machine would have no salvage value. the net present value of this machine to the nearest whole dollar is____.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter10: Project Cash Flows And Risk

Section: Chapter Questions

Problem 5PROB

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