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A corporation is considering investing in a new facility. Estimated cost of the facility is $1,645,026. It will be used for 12 years then sold
A corporation is considering investing in a new facility. Estimated cost of the facility is $1,645,026. It will be used for 12 years then sold for $717,200. The facility will generate annual cash inflows of $358,300 and will need new annual cash outflows of $150,500. The required rate of return is7 percent. The internal rate of return is ?
The internal rate of return is ?
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