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Bridgeport Company is contemplating an investment costing $138,950. The investment wil have a life of 8 years with no salvage value and will produce annual

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Bridgeport Company is contemplating an investment costing $138,950. The investment wil have a life of 8 years with no salvage value and will produce annual cash flows of $27,000 Click here to view PV tables What is the approximate internal rate of return associated with this investment? (Use the above table.) (Round answer to 0 decimal ploces, eg. 15%1 Internal rate of return

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