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Pleas ehelp Pajama Company wants to purchase a new sewing machine that will have a useful life of 5 years. The investment is expected to

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Pajama Company wants to purchase a new sewing machine that will have a useful life of 5 years. The investment is expected to generate annual cash inflows of $30,000. The cost of capital for the company is 15%. What is the maximum that the company would be willing to pay for the sewing machine? Select one: a. $150,000 O b. It is a management decision. O C. $108,150 O d. $100,566 Next page

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