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Two machines cost $ 40,000 each and are expected to generate the following annual net cash flows: Machine Machine Y 0 49 2 Hours Year0

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Two machines cost $ 40,000 each and are expected to generate the following annual net cash flows: Machine Machine Y 0 49 2 Hours Year0 $ 14,000 Minutes $ 12.000 Seconds Year 1 $ 14,000 $ 12.000 Year 2 $ 12,000 $ 12,000 Year 3 $ 1,000 $ 12,000 Year 4 $48.000 $48.000 Which is the following statements about the present value of the net cash flows of the two machines is correct? Oit is the same for both glven any positive rate of discount It will be higher for machine X than for machine Yathigh rates or discount and lower row machine X than for machine Yat low rates of discount. It will be higher for machine X than for machine Yat any positive rate of discount It will be lower for machine X than formachine Yat any positive rate count

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