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A company is planning to buy a new maching for $1184979. The hurdle rate is 13.48%. The economic life of the machine is 10 years,

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A company is planning to buy a new maching for $1184979. The hurdle rate is 13.48%. The economic life of the machine is 10 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: O a. $222585 b. $87906 Oc. $118498 Od. $163832

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