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Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows 600,000 Initial investment (2 limos) 100,000

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Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows 600,000 Initial investment (2 limos) 100,000 years 8 48,000 Useful life Salvage value Annual net income generated LLT's cost of capital 12 Assume straight line depreciation method is used

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