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Dragon Clinic wants to buy equipment for $20,000 with projected cash flows of $3,000/year during the equipment's 10 year lifespan. What is the NPV of
| Dragon Clinic wants to buy equipment for $20,000 with projected cash flows of $3,000/year | ||||||||
| during the equipment's 10 year lifespan. What is the NPV of the equipment at 10%? What is the IRR? | ||||||||
| Discount Rate | 10% | |||||||
| Year | Cash Flows | |||||||
| NPV=(rate, range from year 1)+year 0 | ||||||||
| IRR=(range) | ||||||||
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
