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Consider the following two tractors a company can purchase. The following tables provide the costs the company will incur (in thousands of dollars) in the

Consider the following two tractors a company can purchase. The following tables provide the costs the company will incur (in thousands of dollars) in the lifetime of each tractor.

The transportation firm can only afford one of the tractors. The two tractors have identical production capabilities. The firm's cost of capital is 3%.

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