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Gardner Denver Company is considering the purchase of a new piece of factory equipment that will cost $439,230 and will generate $110,000 per year for

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Gardner Denver Company is considering the purchase of a new piece of factory equipment that will cost $439,230 and will generate $110,000 per year for 5 years. Calculate the IRR for this piece of equipment. (Click here to see present value and future value tables) X %

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