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41. (Present value tables needed to answer this question.) Tiger Inc. bought a piece of machinery with the following data: Useful life 6 years Yearly

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41. (Present value tables needed to answer this question.) Tiger Inc. bought a piece of machinery with the following data: Useful life 6 years Yearly net cash inflow $45,000 Salvage value - 0 - Internal rate of return 18% Cost of capital 14% The initial cost of the machinery was a. $157,392. b. $174,992. C. $165,812. impossible to determine from the information given

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