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both go together 4. A business generates an annual income of $50,000 and a salvage value of $500,000 in 10 years. How much would you

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4. A business generates an annual income of $50,000 and a salvage value of $500,000 in 10 years. How much would you pay for this to have i=10% ? 5. Determine IRR in problem 4 if you pay $490,000 for the business

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