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Hadley Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual net income

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Hadley Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual net income $33,000. The equipment will have an initial cost of $400,000 and have a 5 year life. If the salvage value of the equipment is estimated to be $0, What is the accounting rate of return? What is the payback? What is the IRR

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