Offer the vendor for the piece of equipment

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Reference no: EM131563803

You are considering the acquisition of a new piece of technology with an upfront purchase price of $2,300,000.

You have done the analysis and determined that the present value of the benefit is $1,934,600 (the benefit: cost ratio after present valuation is 0.84).

What is the maximum price would you be willing to offer the vendor for the piece of equipment?

Reference no: EM131563803

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