Please show all steps A company is considering three alternatives to launch a ne

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Please show all steps

A company is considering three alternatives to launch a new product line. Given the product information below and a Minimum Acceptable Rate of Return of 6%, which product should the company invest in and why? Assume the company will be able to produce exactly enough units to meet annual demand. Also, assume that production begins in year 1 and the salvage value is obtained at the end of equipment life. (Tip: You may want to draw a cash flow diagram before setting up your equations.)

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