Yassir Ismail is planning to install a new machine for his metal fabrication business in Dubai. The
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Yassir Ismail is planning to install a new machine for his metal fabrication business in Dubai. The machine will cost AED240,000 (United Arab Emirates dirham). He estimates that the new machine will generate cash inflows shown in the following table, over its 5-year life.
Should Yassir purchase and install the new machinery if he expects a minimum annual return of 12% on his investment?
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