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A local government awards a landscaping company a contract worth $1.10 million per year for five years for maintaining public parks. The landscaping company will

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A local government awards a landscaping company a contract worth $1.10 million per year for five years for maintaining public parks. The landscaping company will need to buy some new machinery before they can take on the contract. If the cost of capital is 6%, what is the most that this equipment could cost if the contract is to be worthwhile for the landscaping company? O A. $4.63 million OB. $4.17 million O c. $4.40 million OD. $4.87 million A company buys a color printer that will cost $17,000 to buy, and last 5 years. It is assumed that it will require servicing costing $500 each year. What is the equivalent annual annuity of this deal, given a cost of capital of 11%? O A. -$4,080 OB. - $5,100 OC. -$3,570 D. - $4,590

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