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eBook Print References Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $68,000. The annual cash inflows for the next
eBook Print References Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $68,000. The annual cash inflows for the next three years will be: Cash Flow $ 34,000 32,000 27,000 Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the financial calculator method. o. Determine the internal rate of return.. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Year 1 2 3 internal rate of return % b. With a cost of capital of 16 percent, should the equipment be purchased? O Yes
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
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