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Cass Publishing is considering the purchase of a used printing press costing $75,200. The printing press would generate a net cash inflow of $31,310 a

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Cass Publishing is considering the purchase of a used printing press costing $75,200. The printing press would generate a net cash inflow of $31,310 a year for 3 years. At the end of 3 years, the press would have no salvage value. The company's cost of capital is 10 percent. Using a spreadsheet or financial calculator, determine the internal rate of return for the investment. The investment's internal rate of return (rounded to the nearest percent) is: Select one: O A. 10 percent. O B. 14 percent. C. 16 percent. O D. 12 percent

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