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  3. 3. big steve's is considering buying the same stam

3. Big Steve's is considering buying the same stamping machine above. This machine would cost...

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3. Big Steve's is considering buying the same stamping machine above. This machine would cost Big Steve's $100,000, and would generate cash flows of $18,000/year for 10 years. What is Big Steve's project's NPV if the cost of capital is 15%? Should the Project be accepted? Why or why not? Show the project's NPV equation

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