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30 pts; 2 A-13 Present Value of Cash Flows each of years 3 through 5, $92,000 per year. A 12 percent discount rate is appropriate

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30 pts; 2 A-13 Present Value of Cash Flows each of years 3 through 5, $92,000 per year. A 12 percent discount rate is appropriate for this asset, and the company's tax rate is 40 percent. Use Exhibit A8 and

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