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If the cost of capital is 8%, will a company that would pay $100,000 investment in equipment in year 1, and then receives $21,000 per
If the cost of capital is 8%, will a company that would pay $100,000 investment in equipment in year 1, and then receives $21,000 per year each of the next eight years (but no salvage value) make the investment?
a. Yes
b. No
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