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A machine has a five-year life, a cost of $820,000, and annual negative operating cash flow of $60,000. If the required return is 12%, what

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A machine has a five-year life, a cost of $820,000, and annual negative operating cash flow of $60,000. If the required return is 12%, what is the machine's equivalent annual cost (EAC)? $281,868 $310,699 $287,476 $165,007

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