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An investment that costs $225,809 will reduce operating costs by $32,150 per year for 10 years. Determine the internal rate of return of the investment
An investment that costs $225,809 will reduce operating costs by $32,150 per year for 10 years. Determine the internal rate of return of the investment (ignore taxes). (Round present value factor calculations to 4 decimal places, e.g. 1.2151 and final answer to 0 decimal places, e.g. 17\%.) Click here to view factor tables Internal rate of return % Should the investment be undertaken if the required rate of return is 11 percent? The investment be undertaken. eTextbook and Media Last saved 44 minutes ago. Attempts: 0 of 3 used Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes
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