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each year of its remaining life. As older flange-lippers are robust and useful machines, this one can be sold for $20,000 at the end of
each year of its remaining life. As older flange-lippers are robust and useful machines, this one can be sold for $20,000 at the end of its useful life. ts 5 -year economic life, so the applicable depreciation rates are 33.33%,44.45%,14.81%, and 7.41%. The old machine can be sold today for $45,000. The firm's tax rate is 35%, and the appropriate cost of capital is 15%. $ be indicated by a minus sign. CF1CF2CF3CF4CF5$$$$$ $ Should Everly replace the flange-lipper
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