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Question 12 (4 points) Laird Company is considering buying a machine for $60,000 with an estimated life of ten years and no salvage value. The

Question 12 (4 points) Laird Company is considering buying a machine for $60,000 with an estimated life of ten years and no salvage value. The expected net annual cash flow is $6,000 per year. The cash payback period on this investment is 6 years 10 years O 15 years 3 years

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