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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.93 million and

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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.93 million and create incremental cash flows of $580,657.00 each year for the next five years. The cost of capital is 10.10%. What is the profitability index for the J-Mix 2000? Submit Answer format: Number: Round to: 3 decimal places. A local bookstore is considering adding a coffee shop to their store. Building the coffee shop will cost $237,012.00 today. The bookstore is going to try this project for five years. The bookstore wants a 11.00% return on their investment. What yearly cash flow must this project generate to break-even"? Submit Answer format: Currency: Round to 2 decimal places

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