Question: QUESTION 11 7 points Save Answer A company is considering the purchase of a new production line that it has estimated will generate the following

QUESTION 11 7 points Save Answer A company is considering the purchase of a new production line that it has estimated will generate the following annual cash flows: $9,193,4 85 per year for 4 years, followed by $4,689,142 per year for 2 years, followed by $5,631,556 per year for 15.02 years. All cash flows will be received at the end of the year. If the company's required rate of return is 14.5%, what is the maximum price at which the company will purchase this new line? State your answer to the nearest whole dollar

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