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Required information Skip to question [ The following information applies to the questions displayed below. ] Cardinal Company is considering a five - year project

Required information Skip to question $[$ The following information applies to the questions displayed below. $]$ Cardinal Company is considering a five $-$ year project that would require a $2, 955, 000$ investment in equipment with a useful life of five years and no salvage value. The companys discount rate is $16$

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