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Apr 27, 2016 at 8:09 comment added Quantuple @user616 After a quick read through, this is in fact mentioned by the author (see p.55 sentence about a 'replaced machine') when he unravels the cash flows associated to buying a new machine at the beginning of year 3.
Apr 27, 2016 at 8:00 comment added BBSysDyn Ah - seem to have missed that one, the selling of the old machine at year 1.
Apr 27, 2016 at 7:58 vote accept BBSysDyn
Apr 26, 2016 at 21:41 history edited Quantuple CC BY-SA 3.0
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Apr 26, 2016 at 21:04 history edited Quantuple CC BY-SA 3.0
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Apr 26, 2016 at 20:55 history answered Quantuple CC BY-SA 3.0