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A project has an initial cost of $162,000 and an estimated salvage value after 14 years of $76,000.Estimated average annual receipts and distributions will be
A project has an initial cost of $162,000 and an estimated salvage value after 14 years of $76,000.Estimated average annual receipts and distributions will be uniform for the 15 years, compute the prospective rate of return before taxes.
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