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Mabind Hardware is adding a new product line that will fequire an imestinent of 51,454,000 Manogers estimate that this ivestrnert will hyve a 10 -year

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Mabind Hardware is adding a new product line that will fequire an imestinent of 51,454,000 Manogers estimate that this ivestrnert will hyve a 10 -year ite and generate net cash rfows of 5320,000 the frst year, 5270,000 the second year, and 5230,000 each year thereafler for cigtt years. Assume the project has no residual value. Compute the AFR for the investment Round to two blaces Mabind Hardware is adding a new product line that will fequire an imestinent of 51,454,000 Manogers estimate that this ivestrnert will hyve a 10 -year ite and generate net cash rfows of 5320,000 the frst year, 5270,000 the second year, and 5230,000 each year thereafler for cigtt years. Assume the project has no residual value. Compute the AFR for the investment Round to two blaces

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