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Lawrence Corp. is considering the purchase of a new piece of equipment, when discounted at a hurdle rate of 17%, the project has a net

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Lawrence Corp. is considering the purchase of a new piece of equipment, when discounted at a hurdle rate of 17%, the project has a net present value of $24,640. When discounted at a hurdle rate of 20%, the project has a net present value of ($28,950). The internal rate of return of the project is: Multiple Choice between 17' and 20% between roro and 17% greater than 20% zero

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