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4 32 Help Save & Exh Newport Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment

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4 32 Help Save & Exh Newport Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net cash flow of $203,800. The equipment will have an initial cost of $905,700 and a 6-year useful life with no salvage value. If the cost of capital is 10%, what is the internal rate of return? (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Valus Annuity.of Note: Use the appropriate factors from the PV tables. Submit Multiple Choice Less than zero Between 10% and 12% Between 6% and 8% Between 8% and 10% < Prev 14 of 66

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