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Net present value method and present value index $85,000, have an 8 -year life, and operate for 1,400 hours per year. Diamond & Turf seeks

image text in transcribedimage text in transcribed Net present value method and present value index $85,000, have an 8 -year life, and operate for 1,400 hours per year. Diamond \& Turf seeks a minimum rate of return of 15% on its investments. c. If Diamond \& Turf has sufficient funds for only one of the machines and qualitative factors are equal between the two machines, in which machine should it invest

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