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. In question 1, what is the required rate on the loan for NPC chipmaker to consider the project? USE ANNUITY CALCULATION PV = $500,000

. In question 1, what is the required rate on the loanfor NPC chipmaker to consider the project?

USE ANNUITY CALCULATION

PV = $500,000

P/Y = 1

C/Y = 1

N = 10

PMT = $60,000

I = ?

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