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Cole Products is considering acquiring a manufacturing plant. The purchase price is $927,075. The owners believe the plant will generate net cash inflows of $309,025

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Cole Products is considering acquiring a manufacturing plant. The purchase price is $927,075. The owners believe the plant will generate net cash inflows of $309,025 annually. It will have to be replaced in eight years. To be profitable, the determine whether Cole Products should purchase this plant

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