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. (Ignore income taxes in this problem.) Galindo Long-Haul, Inc. is considering the purchase of a tractortrailer that would cost $178,848, would have a useful

. (Ignore income taxes in this problem.) Galindo Long-Haul, Inc. is considering the purchase of a tractortrailer that would cost $178,848, would have a useful life of eight years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $36,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to _______ percent. A. 13 B. 15 C. 12 D. 10

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