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Elvis LLC is inventing a new piece of equipment that cost 300,000. The new equipment would generate cash flows of $200,000 for each of the next three years. Elvis used a discount rate of 12%. What is the benefit cost ratio?
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Elvis LLC is inventing a new piece of equipment that cost 300,000. The new equipment would generate cash flows of $200,000 for each of the next three years. Elvis used a discount rate of 12%. What is the benefit cost ratio?
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