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3. Mortylake Ltd. owns a machine that is 6 years old and has an estimated remaining physical life of no more than 2 years. The

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3. Mortylake Ltd. owns a machine that is 6 years old and has an estimated remaining physical life of no more than 2 years. The following table shows the net cash flow and residual value estimates for the machine. The required rate of return is 10%. Based on NPV. should we continue to use the machine and/or sell the machine at the end of which year? (15%)

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