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A profitable corporation at the 35% income tax bracket desires an after-tax MARR of 10% after inflation. The initial investment in a manufacturing machine with

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A profitable corporation at the 35% income tax bracket desires an after-tax MARR of 10% after inflation. The initial investment in a manufacturing machine with 3-year property class is $600,000. The before tax cash flow for five years are: 120,000, 180,000, 160,000, 200,000 and 150,000 respectively. The MACRS depreciation method is used. Find out if this investment is desirable for the corporation

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