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If a company invests $100,000 in equipment which is expected to generate $42,033 in cash flows savings for three years, the internal rate of return

If a company invests $100,000 in equipment which is expected to generate $42,033 in cash flows savings for three years, the internal rate of return (IRR) will be closest to:

a.16%.

b.10%.

c.9%.

d.12%.

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