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A company is planning to buy a new machine for $1086040. The hurdle rate is 12.82%. The economic life of the machine is 9 years,
A company is planning to buy a new machine for $1086040. The hurdle rate is 12.82%. The economic life of the machine is 9 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.$210221
b.$146165
c.$84715
d.$120671
PLEASE ANSWER ASAP
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