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Save and somit Click Submit to complete this assessment. Sk Question 20 of 20 Question 20 5 points Theta Corporation is considering replacing an old

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Save and somit Click Submit to complete this assessment. Sk Question 20 of 20 Question 20 5 points Theta Corporation is considering replacing an old machine with a new machine that costs $702,000, has a 9 year useful life and a $72,000 salvage value at the end of its life. If the new machine is purchased, the old machine will be sold immediately for its salvage value of $40,000. Annual cash inflows related to the new machine are $170,000 and will occur evenly throughout the years. The payback period of the new machine is closest to: 4.13 years 4.36 years 3.89 years 3.71 years Question 20 of 20 Click Submit to complete this assessment MacBook DO BO

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