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Internal Rate of Return Method $8,000 for each of the 10 years of its useful life. b. Using the factor determined in part (a) and

Internal Rate of Return Method $8,000 for each of the 10 years of its useful life. b. Using the factor determined in part (a) and the present value of an annuity of $1 table above, determine the internal rate of return for the proposal. %

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