What are the minimum annual cash flows that would make

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Problem 1: A company is planning to buy a new machine for $1175705. The hurdle rate is 15.10%. The economic life of the machine is 9 years, with no salvage value at the end of its life. What are the minimum annual cash flows that would make the project profitable?

Select one:

a. $77861
b. $130634
c. $145385
d. $247275

Reference no: EM132797370

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