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plz i need answer Question 21 12 pts Mulligan Company is considering purchasing equipment. The equipment will produce the following cash flows: Year 1 $20,000

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Question 21 12 pts Mulligan Company is considering purchasing equipment. The equipment will produce the following cash flows: Year 1 $20,000 Year 2 $30,000 Mulligan requires a minimum rate of return of 10%. What is the maximum price Dexter should pay for this equipment? Future Value of 1 (10%, 1 period) = 1.10000 Future Value of 1 (10%, 2 periods) = 1.21000 Future Value of an Annuity of 1(10%, 1 period) = 1.00000 Future Value of an Annuity of 1 (10%, 2 periods) = 2.10000 Present Value of 1 (10%, 1 period) - 0.90909 Present Value of 1 (10%, 2 periods) = 0.82645 Present Value of an Annuity of 1(10%, 1 period) = 0.90909 Present Value of an Annuity of 1 (10%, 2 periods) - 1.73554 Activate Windows Go to Settings to activate

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