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**drop down 1: accepted or rejected drop down 2: greater than, equal to, or less than A firm with a cost of capital of 11
**drop down 1: accepted or rejected
drop down 2: greater than, equal to, or less than
A firm with a cost of capital of 11 percent is considering a new computer-aided design (CAD) system that costs $882,000 and will produce net cash inflows of $367,194 at the end of each year for the next three years. (See Exhibit 19B-2) Required: 1. 1. The discount factor associated with the IRR for the project (round to three decimal places): 2. IRR for the CAD systempercent (round to the nearest whole percent) 2. IRR for the CAD system = 3. The CAD system should be Select your answer- because the IRR is -select your answer- the required rate of returnStep by Step Solution
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