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The cost of an electric arc furnace with an EFA capacity of 3 0 tons was $ 9 4 . 0 0 million when the

The cost of an electric arc furnace with an EFA capacity of 30 tons was $94.00 million when the applicable equipment cost index had a value of 730. The current index value is 879 and the exponent in the cost-capacity equation has a value of 0.67. What is the estimated cost now of a similar system with an EFA capacity of 40 tons?

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