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Lawrence Corp, is considering the purchase of a new piece of equipment. When discounted at a hurdle rate of 9%, 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 9%, the project has a net present value of $24,630. When discounted at a hurdle rate of 12%, the project has a net present vatue of ($29,010). The internat rate of return of the project is: Multiple Cholice zero. between 9x and 12x. between zeto and 9x greater than 128

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