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Agate Marketing Inc. intends to distribute a new product. It is expected to produce net returns of $ 1 5 0 0 0 per year

Agate Marketing Inc. intends to distribute a new product. It is expected to produce net returns of $15000 per year for the first four years and $10000 per year for the following three years. The facilities required to distribute the product will cost $36000, with a disposal value of $9000 after seven years. The facilities will require a major facelift costing $10000 each after three years and after five years. If Agate requires a return on investment of 20%, should the company distribute thenewproduct? Need manual working.

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