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es 17. Harriet Harvester (HH) plans to buy a haymaker. It costs $180,000 and is expected to last for five years. She presently hires 3

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es 17. Harriet Harvester (HH) plans to buy a haymaker. It costs $180,000 and is expected to last for five years. She presently hires 3 workers at $3,000 per month for each of the six harvesting months each year. The equipment would eliminate the need for all three workers, as it will fully automate the operation. HH uses straight-line depreciation and projects no salvage value. Her tax rate is 20% and opportunity cost of funds is 8.0%. Which is true (if your NPV is close to one provided chose that option)? A. NPV is $21,247 B. NPV is-S21.247 C. NPV is-S7.502 D. NPV is $7,502 E. None of the above

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