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I plan to purchase a machine that will cost $500,000. I will hold it for 5 years and receive no salvage value. If my cost
I plan to purchase a machine that will cost $500,000. I will hold it for 5 years and receive no salvage value. If my cost of capital is 10%, what should my annual cash flows be for this project to achieve an NPV greater than $0? (Round to the nearest dollar.)
A. $50,000
B. $82,345
C. $77,667
D. $100,000
E. None of the above
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