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15 Harper Company requires a minimum return of 15% on all Investments projects, this rate is used as a discount rate 2.551, if the initial

15 Harper Company requires a minimum return of 15% on all Investments projects, this rate is used as a discount rate 2.551, if the initial cost amount 70,000 and annual cost savings for 5 year is 25,000, the present value of cash inflows equals 63,775 a 95,000 73,775

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