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PLEASE ANSWER AND SHOW ALL STEPS, must do fast Question 16 (1 point) can buy some field equipment for $48,000 or lease it for 2

image text in transcribedPLEASE ANSWER AND SHOW ALL STEPS, must do fast

Question 16 (1 point) can buy some field equipment for $48,000 or lease it for 2 years at $26,000 per year. Salvage value of the equipment after 2 years would be $6,000. What is the IRR of the leasing option? Environmental Consulting |(Present your answer in percentage form with 2 decimal places and without the sign) Your

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