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An investment in a machine costs $615,000 and net cash inflows of $X are expected for the next 9 years. The applicable discount rate is

An investment in a machine costs $615,000 and net cash inflows of $X are expected for the next 9 years. The applicable discount rate is 8.5%. If the project is accepted, what is the minimum that X can be?

A)

$98,449

B)

$118,125

C)

$107,019

D)

$109,058

E)

$100,506

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