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An investment project has the following characteristics: equipment cost $22,820 annual cash inflows $ 5,000 Internal rate of return 12% What will be the useful
An investment project has the following characteristics:
| equipment cost | $22,820 |
| annual cash inflows | $ 5,000 |
| Internal rate of return | 12% |
What will be the useful life of the equipment ?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
