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Current Attempt in Progress Crane Industries is considering the purchase of equipment costing $104000. The company has a 12% required minimum rate of return. The

Current Attempt in Progress Crane Industries is considering the purchase of equipment costing $104000. The company has a 12% required minimum rate of return. The equipment is expected to generate $45000 in additional operating income. Crane's tax rate is 25% and its weighted- average cost of capital is 12%. What is the equipment's EVA? $7080 $12480 $21270 $5400 Save for Later Attempts: 0 of 1 used Submit

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