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An investment of $1000 is made. Over the next 5 years there will be income from the investment of $300 each year. The tax rate

An investment of $1000 is made. Over the next 5 years there will be income from the investment of $300 each year. The tax rate is 34%. The MARR for the company is 15%.

Determine the after-tax rate of return using 5-year straight-line tax depreciation

Be sure to show Depr, taxes, ATCF for each year.Determine IRR of cash flows.

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