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AFB, Inc requires an investment in equipment of $600,000 to replace existing equipment. The existing equipment will prodce after-tax salvage value of $70,000. Net working
AFB, Inc requires an investment in equipment of $600,000 to replace existing equipment. The existing equipment will prodce after-tax salvage value of $70,000. Net working capital requirements are increased by $50,000. What is the total cash otlfow at time zero? A. $580,000 B. $530,000 C. $650,000 D. $720,000
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