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2 At the end of each of the next four years, a new machine is expected to generate net cash flows of $12,000, $15,500, $13,500,
2 At the end of each of the next four years, a new machine is expected to generate net cash flows of $12,000, $15,500, $13,500, and $16.500, respectively What are the cash flows worth today if a 10% interest rate properly reflects the time value of money in this situation? (FV of $1. PV of $1. EVA of $1. and PVA of $1). (Use appropriate factor(s) from the tables provided.)
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