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Required: (Answer each question by referring to the original data unless instructed otherwise.) are necessary. 10. If the equipment had a salvage value of $300,000

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Required: (Answer each question by referring to the original data unless instructed otherwise.) are necessary. 10. If the equipment had a salvage value of $300,000 at the end of five years, would you expect the project's payback period to be higher than, lower than, or the same as your answer to requirement 7 ? No computations are necessary. 11. If the equipment had a salvage value of $300,000 at the end of five years, would you expect the project's net present value to be higher than, lower than, or the same as your answer to requirement 3 ? No computations are necessary. 12. If the equipment had a salvage value of $300,000 at the end of five years, would you expect the project's simple rate of return to be higher than, lower than, or the same as your answer to requirement 8? No computations are necessary

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