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A company is planning to buy a new machine for $908905. The hurdle rate is 14.20%. The economic life of the machine is 8 years,

A company is planning to buy a new machine for $908905. The hurdle rate is 14.20%. The economic life of the machine is 8 years, with no salvage value at the end of its life. What are the minimum annual cash flows that would make the project profitable?

Select one:

a. $64007

b. $113613

c. $197249

d. $109385

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