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3. Pyramid Energy requires that for each of its offshore wind power generators $5000 per year be placed into a capital reserve fund to cover

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3. Pyramid Energy requires that for each of its offshore wind power generators $5000 per year be placed into a capital reserve fund to cover unexpected major rework on field equipment. In one case, $5000 was deposited for 15 years and covered a rework costing $100,000 in year 15. What rate of return did this practice provide to the company

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