PS 30
Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $2.00 million and create incremental cash flows of $583,186.00 each year for the next five years. The cost of capital is 10.38%. What is the net present value of the J-Mix 2000?
Answer format: Currency: Round to: 2 decimal places.
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