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Susan's Bakery is buying a new machine with an expected EBDT of $4.1 million per...

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Finance

Susan's Bakery is buying a new machine with an expected EBDT of $4.1 million per year over its 11-year life. If the machine costs $9.04 million and is being depreciated straight-line over 8 years, calculate the annual cashflows on this machine over its entire life. The firm has a 26% tax rate.

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