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

Balloons By Sunset (BBS) 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: nitial investment (for two hot air balloons) $ 463,000 Useful life 10 years Salvage value S 53,000 37,503 BBS's cost of capital 7% Assume straight line depreciation method is used

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