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Debby's Dance Studics is considering the purchase of new sound equipment thet will enhance the popuiity of its aerobics dancing The equipment willcost $31,400. Debby

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Debby's Dance Studics is considering the purchase of new sound equipment thet will enhance the popuiity of its aerobics dancing The equipment willcost $31,400. Debby is not sure how many members ne new equipment wil atract, but she estimates that her increased annual cash fhows for each of the next tive years will have the tolowing probablity distnibution Debby's cost of capital is 15 percent. Use lopendix for an approxrmate answer but caloulate your fal answers usng the

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