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A forklift will last for only 3 more years. It costs $6,400 a year to maintain. For $19,000 you can buy a new lift that can last for 10 years and should require maintenance costs of only $3,400 a year. Should you replace the forklift if the cost of capital is 14%? A. EAC of Old = B. EAC of New = C. Better Option is to

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Financial Management, Finance

Category:- Financial Management
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