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The market values and M&O costs associated with a presently owned machine and a possible replacement are shown below: Using an interest rate of 11%

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The market values and M&O costs associated with a presently owned machine and a possible replacement are shown below: Using an interest rate of 11% per year, The defender should be replaced: a. now. b. after 1 year from now. c. after 2 years from now. d. after 3 years from now

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