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A company has purchased a piece of equipment costing $100,000. It is expected to generate a ten-year stream of benefits amounting to $16,273 per year.

A company has purchased a piece of equipment costing $100,000. It is expected to generate a ten-year stream of benefits amounting to $16,273 per year. Determine the rate of return the company expects to earn from this equipment. A. a. 16.3% B. b. 12.7% C. c. 10% D. d. 15%

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