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Class Publishing is considering the purchase of a used printing press costing $150,000. The printing press would generate a net cash inflow of $85,000 each
Class Publishing is considering the purchase of a used printing press costing $150,000. The printing press would generate a net cash inflow of $85,000 each 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. The company uses straight-line depreciation Using excel spread sheet or a financial calculator, the investments internal rate of return (IRR) (rounded to the nearest percent) is: Select one: ch O J wau press would generate a net cash inflow of $85,000 each 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. The company uses straight-line depreciation Using excel spread sheet or a financial calculator, the investments internal rate of return (IRR) (rounded to the nearest percent) is: Select one: a. 12 percent O b. 32 percent O c 10 percent O d. 14 percent
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