Unequal liveslong dash

ANPV approachEvans Industries wishes to select the best of three possiblemachines, each of which is expected to satisfy thefirm's ongoing need for additionalaluminum-extrusion capacity. The three machineslong dash

A, B, and Clong dash

are equally risky. The firm plans to use a cost of capital of 11.5 %

11.5% to evaluate each of them. The initial investment and annual cash inflows over the life of each machine are shown in the following table.(Click on the icon located on thetop-right corner of the data table below in order to copy its contents into aspreadsheet.)