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First-principles calculations have been performed to study the structural, mechanical and magnetic properties of the MgYCo4 and MgYNi4 phases in AuBe5-type structure. The obtained values of cohesive energy as well as formation energy prove that the MgYCo4 and MgYNi4 phases have a good combination of structural stability and alloying ability, which is also supported by electronic structure. It is found...
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