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alloons By Sunset (BBSs) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information

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alloons By Sunset (BBSs) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows Initial investment (for two hot air balloons) Useful life Salvage value Annual net income generated BBS's cost of capital S 411,000 f years S 40,000 34,524 7% Assume straight line depreciation method is used

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