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Cullumber Condiments is a spice-making firm. Recently, it developed a new process for producing spices....

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Cullumber Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,582,338, have a life of five years, and would produce the cash flows shown in the following table. Year 1 2 Cash Flow $465,372 -208,300 613,920 747,420 621,480 3 4 5 What is the NPV if the discount rate is 12 percent? (Enter negative amounts using negative sign e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to O decimal places, e.g. 1,525.) NPV is $

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To calculate the Net Present Value NPV of the cash flows for Cullumber Condiments we can follow these steps Given Data Initial Investment Cost of Machinery C0 1582338 Cash Flows Year 1 C1 465372 Year 2 C2 208300 Year 3 C3    See Answer
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