Problem #3 - Internal Rate of Return Leaf Inc. is considering the following investment Cost $48,900 5 years The new equipment will reduce operating expenses
Problem #3 - Internal Rate of Return Leaf Inc. is considering the following investment Cost $48,900 5 years The new equipment will reduce operating expenses by $8,000 per year. The new equipment will produce an additional 1,500 units per year. Each unit has a contribution margin of $3 Their cost of capital is 10% Required: Calculate the Internal Rate of Retum
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