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Edmund Corporation is making a large investment this year to upgrade its technology. Although these improvements won t have much of an impact on performance

Edmund Corporation is making a large investment this year to upgrade its technology. Although these improvements wont have much of an impact on performance in the short run, they are expected to reduce future costs. What impact will this investment have on Edmunds cash inflow this year? What impact might this investment have on the companys intrinsic stock value/price (i.e., would it go down or would it go up)? Explain briefly?

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