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What Is the Maximum Price Genome Inc

Question 18

Multiple Choice

What is the maximum price Genome Inc. can pay for a machine that is expected to produce marginal revenues of $20,000, $25,000, $30,000, $35,000, and $40,000 at the beginning of each year for five years if the interest rate is 10%?


A) $100,111
B) $110,122
C) $113,724
D) $121,137
E) $150,000

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