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Grace Corp, whose required rate of return is 15%, is considering the purchase of a new piece of equipment The internal rate of return of

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Grace Corp, whose required rate of return is 15%, is considering the purchase of a new piece of equipment The internal rate of return of the project, which has a life of 13 years, is 17%. The project would have O an accounting rate of return greater than 15%. O a payback period more than 13 yeors. 0 a net present value of zero. a net present value greater than zero

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