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B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected
B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost exist377, 600 with a 8-year life and no salvage value. It will be depreciated on a straight-line basis. B2B Co. concludes that it must earn at least a 9% return on this investment. The company expects to sell 151, 040 units of the equipment's product each year. The expected annual income related to this equipment follows. (PV of exist1, FV of exist1, PVA of exist1, and FVA of exist1) Compute the net present value of this investment
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