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(Ignore income taxes in this problem.) The Exxon Mobil Corporation purchased a piece of equipment with the following expected results: Useful life 6 years $60,000

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(Ignore income taxes in this problem.) The Exxon Mobil Corporation purchased a piece of equipment with the following expected results: Useful life 6 years $60,000 Yearly net cash inflow Salvage value Internal rate of return 16% Discount rate 12% Click here to view Exhibit 78-2 to determine the appropriate discount factor(s) using tables

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