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Lyndell Corporation is considering the purchase of a milling machine that would cost $370,090 would last for 9 years and has salvage value of 30
Lyndell Corporation is considering the purchase of a milling machine that would cost $370,090 would last for 9 years and has salvage value of 30 000 The machine would reduce labor and other costs by $63 090 per year . The company requires a minimum pretax return of 1096 on all investment projects . Ignore income taxes in this problem 2 . COMPUTE THE NET PRESENT VALUE USING A 1096 DISCOUNT RATE 3 . IF LYNDELL'S EXPECTED A 1206 RATE WOULD THEY BUY THIS MACHINE Choose YES or NO ALALLAN - BECAUSE
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