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Farms Investment Option Purchase Price of New Truck - $62,000 Year One Net Inflow - $54,000 Year Two Net Inflow - $62,000 Cost of Capital

Farms Investment Option Purchase Price of New Truck - $62,000 Year One Net Inflow - $54,000 Year Two Net Inflow - $62,000 Cost of Capital - 8.7% Calculate IRR for the above purchase O 8.7% O 12.8% 10% 52.62%

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