10. You buy a new piece of equipment for $16,980, and you receive a cash inflow of...

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10. You buy a new piece of equipment for $16,980, and you receive a cash inflow of

$3,000 per year for 12 years. What is the internal rate of return?

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Foundations Of Financial Management

ISBN: 9780073382388

13th Edition

Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen

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