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Coronado Industries is considering purchasing equipment. The equipment will produce the following cash inflow: Year 1,528.000 Year 2.532.000; and Year 3,541.500. Coronado requires a minimum

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Coronado Industries is considering purchasing equipment. The equipment will produce the following cash inflow: Year 1,528.000 Year 2.532.000; and Year 3,541.500. Coronado requires a minimum rate of return of 9% What is the maximum price Coronado should pay for this equipment for calculation purposes, use decimal places as displayed in the factor table provided, c. 5.27541. Round answer to 2 decimal places... 25.25.) Maximum price $

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