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[17 points] Burton, a manufacturer of snowboards, is considering replacing an existing piece of equipment with a more sophisticated machine. The cash flows for this
[17 points] Burton, a manufacturer of snowboards, is considering replacing an existing piece of equipment with a more sophisticated machine. The cash flows for this capital investment are provided below. Burton uses a WACC of 14%. a. Find the Discounted Payback period, NPV, IRR, and MIRR. b. Should the new machine be purchased? Why or why not
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