Please explain in simple words what imputed market value, Financial Management

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Please explain in simple words what imputed market value

Your firm is purchasing a pump ($47600)

Pump has a useful life of 9 years

Salvage value: $5000

Please explain in simple words what Imputed Market Value technique is?

Use the imputed market value technique to estimate the market value of this pump at EOY 5. MARR: 20%?

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Financial Management: Please explain in simple words what imputed market value

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Financial Management: Please explain in simple words what imputed market value

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