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(Ignore income taxes in this problem.) Shields Company has gathered the following data on a proposed investment project: Investment required in equipment $700,000 Annual cash
| (Ignore income taxes in this problem.) Shields Company has gathered the following data on a proposed investment project: |
| Investment required in equipment | $700,000 |
| Annual cash inflows | $76,000 |
| Salvage value | $0 |
| Life of the investment | 20 years |
| Discount rate | 8% |
| The simple rate of return on the investment is closest to: (Round your answer to the nearest interest rate.) |
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Azure Security For Critical Workloads Implementing Modern Security Controls For Authentication Authorization And Auditing
Authors: Sagar Lad
1st Edition
1484289358, 978-1484289358
