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Can someone please help? 1. An entrepreneur would like to buy a piece of equipment for his business. The equipment cost $50,000 and will increase
Can someone please help?
1. An entrepreneur would like to buy a piece of equipment for his business. The equipment cost $50,000 and will increase cash flow by $20,000 each year for 5 years. What is his IRR? 31) A) 40.00% B) 25.55% C) 28.65% D) 2.50%
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