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QUESTION
Kingston, Inc., is looking to add a new machine at a cost of $4,133,250.
Kingston, Inc., is looking to add a new machine at a cost of $4,133,250. The company expects this equipment will lead to cash flows of $814,322, $863,275, $937,250, $1,017,112, $1,212,960, and $1,225,000over the next six years. If the appropriate discount rate is 15 percent, What is the NPV of this investment?
