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Problem 2 of 4. 25 points) Cash flow diagrams required. new monitori nufacturing firm spends $350.000 annually for a required safety inspection program. A w

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Problem 2 of 4. 25 points) Cash flow diagrams required. new monitori nufacturing firm spends $350.000 annually for a required safety inspection program. A w monitoring technology would eliminate the need for such inspection me interest rate is 8% per year, how much can the firm afford to spend today on this new technology if the firm wants to recover its investment in 20 years. b) Draw a cash flow diagram. bonus question worth 5 extra points. Given the present value found in part "a)" and The firm recovers this cost in 20 years, will the firm be making money from this investment after the 20 years period? Yes or No? why

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