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Dexter company is considering purchasing equipment, the equipment will produce the following cash flows Year 1 90,000 year 2 150000 dexter requires a minimum rate

Dexter company is considering purchasing equipment, the equipment will produce the following cash flows Year 1 90,000 year 2 150000 dexter requires a minimum rate of return of 10%. What is the maximum price Dexter should pay for this equipment?

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