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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

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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