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Joeta Corporation has gathered the following data on a proposed investment project Gonore Income taxes.) Investment required in equipment $ 38,500 Annual cash inflows $

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Joeta Corporation has gathered the following data on a proposed investment project Gonore Income taxes.) Investment required in equipment $ 38,500 Annual cash inflows $ 9,400 Salvage value of equipment Se Life of the investment 15 years Required rate of return 10% The company uses straight line depreciation on all equipment Assume cash flows occur uniformly throughout a year except for the initial investment Click here to view Exhibit 110.1 and Exhibit.14.2. to determine the appropriate discount factors) using the tables provided The internal rate of return of the investment is closest to

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