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14.29 Redo Problem 14.5 with the following addi- tional information. The old machine has been depreciated under a five-year MACRS property class. The new machine

14.29 Redo Problem 14.5 with the following addi- tional information. The old machine has been depreciated under a five-year MACRS property class. The new machine will be depreciated under a five- year MACRS class. The marginal tax rate is 35%, and the firm's after- tax MARR is 12%

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