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Question 3 Octavia Bakery is planning to purchase one of two ovens, The expected cash flows for each oven are shown below. MARR IS 8

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Question 3 Octavia Bakery is planning to purchase one of two ovens, The expected cash flows for each oven are shown below. MARR IS 8 year Initial Investment Estimated Life End of Life Salvage Annual Income Annual Expense Model 127B Model 334A $45,000 $87,000 10 5 $10,000 $0 $19,900 $26,000 $10,400 $6,300 Click here to access the TVM Factor Table calculator Part a Step 1 years What is the discounted payback period for Model 127B? Round entry to two decimal places. The tolerance is +0.02. lord

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