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q38 Sayer Tool Co is considering investing in speclalized-equlpment costing $600,000. The equlpment has a useful life of five years and a residual value of
q38
Sayer Tool Co is considering investing in speclalized-equlpment costing $600,000. The equlpment has a useful life of five years and a residual value of 565,000 . Depreciation is calculated using the straight-line method. The expected net cash inflows from. the investment are given below: What is the egcounting rale of return-on the investment? (Round your answer to two decimal places.) A. 932% B. 11,59% C. 10.339 D. 4.66% Step by Step Solution
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