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Joetz. Corporation has gathered the following data on a proposed Investment project (gnore Income taxes Investment required in equipment Annual cash inflows Salvage value of

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Joetz. Corporation has gathered the following data on a proposed Investment project (gnore Income taxes Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Required rate of return $31,580 $ 6,600 $ 15 years 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.78.1 and Exhibit7B-2 to determine the appropriate discount factors) using the tables provided The internal rate of return of the investment is cosest to

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