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> Question 28 1 pts Terry Malloy is trying to decide whether his shipping company should invest in a new boat. The new boat will

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> Question 28 1 pts Terry Malloy is trying to decide whether his shipping company should invest in a new boat. The new boat will cost 200,000 USD and it will be fully-depreciated on a straight-line basis over its 10-year useful life. The new boat will have no salvage value. The new boat is expected to increase EBITDA by 50,000 USD per year for 10 years. What is the IRR of this investment if the corporate income tax rate is 50 percent

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