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Newport Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in

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Newport Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net cash flow of $202,000. The equipment will have an initial cost of $903,000 and a 6 -year useful life with no salvage value. If the cost of capital is 10\%. what is the internal rate of return? (Future Value of $1. Present Value of \$1. Euture Value Annuity of s1. Present Value Annuify of 51 ) Note: Use the appropriate factors from the PV tables. Mutiole Choici Between 6 and Bw Between 87 and 10% Befween 10% and 12% Less than zero TABLE 11.1A Future Value of $1 TABLE 11.2A Present Value of $1 TABLE 11.3A Future Value of an Annuity of $1 BLE 11.4A Present Value of Annuity of $1

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