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Current Attempt in Progress Management of Ivanhoe, Inc., is considering switching to a new production technology. The cost of the required equipment will be $

Current Attempt in Progress
Management of Ivanhoe, Inc., is considering switching to a new production technology. The cost of the required equipment will be $4,000,000. The discount rate is 12 percent. The cash flows that the firm expects the new technology to generate are as follows.
\table[[Years,CF],[1-2,0],[3-5,$855,000
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