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a rence Corp s considering the purchase of a new piece o equipment when discounted at a hu die rate of 9% the pro ect

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a rence Corp s considering the purchase of a new piece o equipment when discounted at a hu die rate of 9% the pro ect has a net present value of $24,630 When discounted at a hurdle rate of 11%, the project has a net present value of ($28,950). The internal rate of return of the project is O zero between zero and 9% between 9% and 11%, O greater than 11%

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