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Homework: Chapter 12 Homework Save Score: 0.25 of 1 pt 2 of 9 (3 complete) HW Score: 25%, 2.25 of 9 pts Xx P12-2 (similar
Homework: Chapter 12 Homework Save Score: 0.25 of 1 pt 2 of 9 (3 complete) HW Score: 25%, 2.25 of 9 pts Xx P12-2 (similar to) A Question Help Breakeven cash inflows The One Ring Company, a leading producer of fine cast silver jewelry, is considering the purchase of new casting equipment that will allow it to expand its product line. The up-front cost of the equipment is $753,000. The company expects that the equipment will produce steady income throughout its 12-year life. a. If One Ring requires a 12% return on its investment, what minimum yearly cash inflow will be necessary for the company to go forward with this project? b. How would the minimum yearly cash inflow change if the company required a 17% return on its investment? a. If One Ring requires a 12% return on its investment, the minimum yearly cash inflow will be $. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. 2 parts remaining Clear All Check
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