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Dawntreader Landscaping is considering purchasing $490,000 of new lawn equipment and they anticipate the additional equipment will result in cash flows as below. Their weighted
Dawntreader Landscaping is considering purchasing $490,000 of new lawn equipment and they anticipate the additional equipment will result in cash flows as below. Their weighted average cost of capital is 10.30%. Year Cash flow 1 87,000 2 113,000 3 129,000 4 146,000 5 162,000 The profitability index for the project is: 12:21 PM
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