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4.) The management of Crosson Corporation is investigating the purchase of a new satellit routing system with a useful life of 9 years. The company
4.) The management of Crosson Corporation is investigating the purchase of a new satellit routing system with a useful life of 9 years. The company uses a discount rate of 17% in its capital budgeting. The net present value of the investment, excluding its intangible benefits, is $173,055. (Ignore income taxes.) See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided. Required: How large would the additional cash flow per year from the intangible benefits have to be to make the investment in the automated equipment financially attractive
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