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If possible, please indicate the input and button you would use to answer this on a financial calculator. Thanks! Edelman Engineering is considering including two
If possible, please indicate the input and button you would use to answer this on a financial calculator.
Thanks!
Edelman Engineering is considering including two pieces of equipment, a truck and an over- head pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $39,500, and that for the pulley system is $94,800. The firm's cost of capital is 14%. After-tax cash flows, including depreciation, are as follows: Year Truck Pulley 1 $12,500 $31,000 2 12,500 31,000 3 12,500 31,000 4 12,500 31,000 5 12,500 31,000 Calculate the IRR, the NPV, and the MIRR for each project, and indicate the correct accept/ reject decision for eachStep by Step Solution
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