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3.3 Consider the following information about two machines: Initial investment Expected annual cash flow Expected life span Machine A R30 000 R12 000 Machine B

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3.3 Consider the following information about two machines: Initial investment Expected annual cash flow Expected life span Machine A R30 000 R12 000 Machine B R32 000 R15 000 3 years 4 years Based on the NPV and IRR techniques, which machine should be bought (10% rate of return)? Explain your

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