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Peyton buys a machine for his business. The machine costs $170,000. Peyton estimates that the...

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Peyton buys a machine for his business. The machine costs $170,000. Peyton estimates that the machine can produce $35,000 cash inflow per year for the next six years. His cost of capital is 7 percent. What is the net present value of the investment? Should he make the investment? $85,000; yes -$3,173; no -$15,230; no $15,000; yes

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