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(Ignore income taxes in this problem.) The Whitton Company uses a discount rate of 15%. The company has an opportunity to buy a machine now for $17,900 that will yield cash inflows of $10,800 per year for each of the next three years. The machine would have no salvage value. The net present value of this machine to the nearest whole dollar is: a) $24,656 b) $14,500 c) $6,756 d) $(8,115)

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