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B. The Bulldog Company can purchase a Tractor for a $13,000 initial investment. The tractor will generate annual after-tax cash inflows of $4,000 for 4

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B. The Bulldog Company can purchase a Tractor for a $13,000 initial investment. The tractor will generate annual after-tax cash inflows of $4,000 for 4 years. 1) What is the Net Present Value (NPV) of the asset if the company's required rate of return on such assets is 10%? 2) What would be the maximum required rate of return Closest whole-percentage rate) that the firm can have and still accept the asset? occsht te arree

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