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Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,968,450. have a life of five years, and would produce the cash flows shown in the following table.

YearCash Flow
1$512,496
2-242,637
3814,558
4887,225
5712,642


What is the NPV if the discount rate is 15.9 percent? 

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