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3) Capital Budget Decision Problem Compute payback, NPV and IRR given this information: New packaging equipment cost: $220,000 Estimated useful life: 7 years Discount rate
3) Capital Budget Decision Problem
Compute payback, NPV and IRR given this information:
New packaging equipment cost: $220,000
Estimated useful life: 7 years
Discount rate (Required rate of return): 10%
Net annual cash inflow: $50,000
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