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14- investment project: Investment required in equipment ..... $400,000 Annual cash inflows ........ $80,000 Salvage value ........ $-0- Life of the investment 10 years Discount

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14- investment project: Investment required in equipment ..... $400,000 Annual cash inflows ........ $80,000 Salvage value ........ $-0- Life of the investment 10 years Discount rate ............ 10% The internal rate of return on the investment is closest to: A. 11%. B. 13% . C. 15%. D. 17%. O

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