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Help Save & Ext Sub 11 Assume that a company purchased a new machine for $18,000 that has a salvage value of $3,000 the end

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Help Save & Ext Sub 11 Assume that a company purchased a new machine for $18,000 that has a salvage value of $3,000 the end of is useful We of five years. The machine is expected to save the company $6,000 a year in cash operating costs for five years. The company's discount rate is 17%. The profitability index of this investment opportunity is closest to Click here to view Exhibit 148-1 and Exhibit 14B-2. to determine the appropriate discount factors using the tables provided Murple Choice 1.33 130 O o o 123. 120

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