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Unequal lives-ANPV approach Evans Industries wishes to select the best of three possible machines, each of which is expected to satisfy the firm's ongoing need

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Unequal lives-ANPV approach Evans Industries wishes to select the best of three possible machines, each of which is expected to satisfy the firm's ongoing need for additional aluminium extrusion capacity. The three machines AB and C are equally risky The firm plans to use a cost of capital of 12.5% to evaluate each of them. The initial investment and annual cash inflows over the life of each machine we shown in the following table Chick on the icon located on the top-night corner of the datatable below in order to copy its contents into a spreadsheet) Machine A Machine B Machine C Initial investment (CF) $02,100 $64 700 599,700 Year (1) Cash inflows (CF) $11,500 59.000 $30.900 11.500 20 DOO 30 900 11.500 29 200 11 500 40 100 a. The nel present value for machine Ass (Round to the nearest cant)

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