Please how can you solve for this question? Imagine that you...
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Please how can you solve for this question?
Imagine that you run a tennis racket company and that you are considering purchasing a new machine. Machine costs $1 million and can produce 3000 rackets per year. You sell the rackets for $50, generating $150,000 in revenue per year. Assume the machine is only input, have certainty about the revenue, no maintenance and a 10-year lifespan. 2. Applying Present Value Should you buy the machine
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