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Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent.
Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $ and that for the pulley system is $ The firm's cost of capital is Aftertax cash flows, including depreciation, are as follows:
tableYearTruck,Pulley$$
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