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Arthurs auto repair shop is considering the purchase of a

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Arthur's Auto Repair Shop is considering the purchase of a new computer system for diagnosing engine problems. The company estimates that the computer system will result in increased cash flows of $2,100 in year 1, $2,900 in year 2, and $3,400 in year 3. If the company's required return is 10% the most money the company would be willing to pay for the computer would.

Reference no: EM13601756

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