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please answer the question Required: A. Calculate the payback period. B. Should O'Dell buy the new machine? Why? (43) P12.5 Lonny Radford, a manager for

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Required: A. Calculate the payback period. B. Should O'Dell buy the new machine? Why? (43) P12.5 Lonny Radford, a manager for the Albany Company, has projected these after-tax cash flows for a 5131,000 machine he wants to buy in December 2018. The cash flows represent a wost: case scenario for the machine on December 31 of the following years. ments: Capital Budgeting 389 Another Albany Company manager feels that the projected cash flows are much too conservative and that they should be higher by as much as 5 percent each year. Albany's cost of capital is 15 percent. Calculate the net present value of the machine based on the given projections. Should Albany Company buy the machine

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