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1) ABC Yarn Company is evaluating buying a piece of equipment. The cost of the equipment is $40,000 and has a four year usefu

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Answer #1

B9 X V fx EIRR(B3:37) A Year B Cash flows 1 — А 0 $ -40,000 1 $ 13,400 2 $ 13,400 3 $ 13,400 4 $ 13,400 =16000-2000-600 C PVI

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