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The management of Nube Corporation is evaluating an investment in new equipment. Relev information regarding the investment is as follows: Cost of new equipment Expected

The management of Nube Corporation is evaluating an investment in new equipment. Relev information regarding the investment is as follows: Cost of new equipment Expected useful life (years) Minimum desired rate of return Expected cash flows to be received: Year 1 Year 2 Year 3 Year 4 $150,000 4 6% $ 90,000 45,000 30,000 5,000 Required: 1. Using the relevant present value table(s) in Chapter 26 of your textbook, prepare a detailed calculation of the net present value related to the investment in new equipm 2. Prepare a detailed calculation of the present value index related to the investment in equipment. Round your answer to two decimal places. 3. Write a sentence or two recommending whether Nube should invest in the new equipment. Support your recommendation

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