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1.You buy a new piece of equipment for $11,778, and you receive a cash inflow at a cost of $2,000 per year for 10 years.
1.You buy a new piece of equipment for $11,778, and you receive a cash inflow at a cost of $2,000 per year for 10 years. What is the internal rate of return?
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
