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Posted by: Annie kavitha
Price Quoted by Student: $3
Posted On: 2011-05-03 03:03:02
 
Question

Net present value: Franklin Mints, a confectioner, is looking to purchase a new jellybean-making machine at a cost of $312,500.The company projects that the cash flows from this investment will be $116,819 for the next seven years. If the appropriate discount rate is 14 percent, the NPV for the project is $


Solutions
  Year Cash Flow PV@14% 0
Price $3
Attachment 1: Franklin Mints, a confectioner.xls
Solution Posted By: Annie kavitha    Posted on: 03-05-2011