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help The company is considering two options. Option 1 is to refurbish the current machine at a cost of $1,600,000. If refurbished, Mandel expects the

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The company is considering two options. Option 1 is to refurbish the current machine at a cost of $1,600,000. If refurbished, Mandel expects the machine to last another eight years and then have no residual value. Option 2 is to replace the machine at a cost of $4,200,000. A new machine would last 10 years and have no residual value. Data table (Click the icon tc table.) ( Click the icon Ordinary Annuity (Click the icon t table.) (Click the icon Ordinary Annuit) he ranuiraments hedule for Optio Present Value of $1 Present Valua of Ordinary Annultu of

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