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4 . You are considering buying a machine. This machine has 5 years life. It will provide an annual cash flow of $ 1 0

4. You are considering buying a machine. This machine has 5 years life. It will provide an annual cash flow of $10,000 for the next 5 years. Also, at the end of the 5th year you will be able to sell it for $5000. If your RRR from this machine is 10%, what is the most you will be willing to pay for this machine

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