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Athena Aviation manufactures flight simulators to train new pilots. Athena is debating the purchase of a new piece of equipment. The cost savings from the

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Athena Aviation manufactures flight simulators to train new pilots. Athena is debating the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $203,200. The equipment will have an initial cost of $904.800 and have a 6-year life. There is no salvage value for the equipment. If the hurdle rate is 10%, what is the internal rate of return? Ignore income taxes (Future Value of $1. Present Value of $1. Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Round your final answer to the nearest dollar amount.) THE Multiple Choice Milli NER ES GE IN EL ca EN Between 69 and 89 WA HER Vag 0 Between 10% and 12% w WWW TELE w less than zero

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