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Assume that a company is considering buying a new piece of equipment for $240,000 that would have a useful life of five years and no

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Assume that a company is considering buying a new piece of equipment for $240,000 that would have a useful life of five years and no salvage value. The equipment would generate the following estimated annual revenues and expenses: Click here to view_ and_ to determine the appropriate discount factor(s) using the tables provided. The internal rate of return for this investment is closest to

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