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Current Attempt in Progress Ivanhoe Industries is considering the purchase of equipment costing $95000. The company has a 12% required minimum rate of return. The

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Current Attempt in Progress Ivanhoe Industries is considering the purchase of equipment costing $95000. The company has a 12% required minimum rate of return. The equipment is expected to generate $34000 in additional operating income. Ivanhoe's tax rate is 25% and its weighted- average cost of capitalis 12%. What is the equipment's EVA? $14100 $4080 $7320 $11400 Save for Later Attempts: 0 of 1 used Submit

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