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(Click the ican to view the projected net cash inflows.) (Click the icon to view Present Value of S1 table.) (Click the icon to view

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(Click the ican to view the projected net cash inflows.) (Click the icon to view Present Value of S1 table.) (Click the icon to view Present Value of Ordinary Annuity of S1 table.) Read the requiremants. Requirement 1. Compute this projecf's NPV using Cury's 16% hurdle rate. Should Cury invest in the equipment? Cury lndusirivs invose in the equipment. Data table Reference Reference Requirements 1. Compute this project's NPV using Eve's 16% hurdle rate. Should Eve invest in the equipment? 2. Eve could refurbish the equipment at the end of six years for $106,000. The refurbished equipment could be used one more year, providing $76,000 of net cash inflows in year 7 . Additionally, the refurbished equipment would have a $52,000 residual value at the end of year 7 . Should Eve invest in the equipment and refurbish it after six years? (Hint: In addition to your answer to Requirement 1, discount the additional cash outflow and inflows back to the present value.)

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