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whats up chegg What are the payback period and modified payback period for the following project? The required rate of return is 4.1% 2. A

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What are the payback period and modified payback period for the following project? The required rate of return is 4.1% 2. A machine costs $95,000 today and lasts 11 years when the machine's salvage value is $8,000. Additionally, say that 5 years from now, you can sell the machine to the public at a market value (not book value) for $40,000. a. Using straight-line method, draw the depreciation table for the 11 years. Should you sell at 5 years for market value? b. Using double-declining method, draw the depreciation table for the 11 years. Should you sell at 5 years for market value

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