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A firm with a cost of capital of 10 percent is considering a new computer - aided design ( CAD) system that costs $705,000 and
A firm with a cost of capital of 10 percent is considering a new computer - aided design ( CAD) system that costs $705,000 and will produce net cash inflows $ 288,462 at the end of each year for the next three years, The discount factor associated with the irr for the project IRR ffor the CAD system = percent The CAD system should be because the IRR is the required rate of return
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