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4 At the end of each of the next four years, a new machine is expected to generate net cash flows of $12,000, $13,500,

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4 At the end of each of the next four years, a new machine is expected to generate net cash flows of $12,000, $13,500, $13.500, and S the cash flows worth today if a 12% interest rate properly reflects the time value of money in this situation? (EV of $1 PV of $1 EVA of appropriate factor(s) from the tables provided.) 13:20 Multiple Choice $41,571 $55,500 $31,085 $42,771

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