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A company is considering the purchase of a new piece of equipment for $93,000. It is expected to produce the following net cash flows.
A company is considering the purchase of a new piece of equipment for $93,000. It is expected to produce the following net cash flows. Th period is: Year 1 Year 2 Net cash flows $ 37,500 $ 31,500 Year 3 $ 19,500 Year 4 $13,500 Year 5 $7,500 Multiple Choice O 4.33 years. 2.48 years.
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