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Sreakeven cash inflows. The Sloek Fing Company, a leading producer of fine cast silver jeweiry, is considering the purchase of new casting equipment that wit

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Sreakeven cash inflows. The Sloek Fing Company, a leading producer of fine cast silver jeweiry, is considering the purchase of new casting equipment that wit allow it to expand its product line The up-tront cost of the equipment is $690,000. The company expects that the equipment wall produce steady income throughout its 15 -year He. 1. If Sleek Ring requires a 12% retum on is investment, what minimum yearly cash inflow will be necessary for the company,po go forward with this project? a. How would the minimum yearly cash inflow change if the company required a 17% roturn on its investment? 2. If Sleek Ring requires a 12% return on as investment, the minmum yearly cash infow wa be $ (Round to the nearest cent) b. If the combany required a 17% retum on its investment, the minimum yoarty eanh infow wit bo 9 (Round to the noarbst cent) The required cach fow per year would by 1 (Seloct from the drop-down monu and round to the nearest cent.)

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