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What the actual cost of the van should not exceed

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Reference no: EM132667025

Problem 1: The Unique Bookshelf Company is considering the purchase of a custom delivery van costing approximately $60,000. Using a discount rate of 25%, the present value of future cost savings is estimated at $61,200. To yield the 25% return, the actual cost of the van should not exceed the estimate by more than

Reference no: EM132667025

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