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4. Y.I.W. Manufacturing just purchased a new machine to speed up production on their assembly line. This machine costs $250,500. Because of the specialized function
4. Y.I.W. Manufacturing just purchased a new machine to speed up production on their assembly line. This machine costs $250,500. Because of the specialized function it performs, its useful life is expected to be seven years. At the end of its useful life, its salvage value is estimated to be $47,500. What is the capital cost for this investment if the firms interest rate is 12%?
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