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-/1 Question 2 of 7 View Policies Current Attempt in Progress An investment that costs $ 175,198 will reduce operating costs by $ 31,380 per

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-/1 Question 2 of 7 View Policies Current Attempt in Progress An investment that costs $ 175,198 will reduce operating costs by $ 31,380 per year for 13 years. Determine the internal rate of return of the investment (ignore taxes). (Round present value factor calculations to 4 decimal places, eg. 1.2151 and final answer too decimal places, eg. 17%) Click here to view factor tables Internal rate of return %6 Should the investment be undertaken if the required rate of return is 19 percent? be undertaken The investmen should not should e Textbook anu mean Sove for Later Attempts: 0 of 3 used Submit

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