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Question 3 of 11 < > 0.25/0.5 III View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Viera Corporation

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Question 3 of 11 < > 0.25/0.5 III View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Viera Corporation is considering investing in a new facility. The estimated cost of the facility is $1,667,185. It will be used for 12 years, then sold for $716,300. The facility will generate annual cash inflows of $364,100 and will need new annual cash outflows of $153,000. The company has a required rate of return of 7%. Click here to view the factor table. Calculate the internal rate of return on this project. (Round answer to O decimal place, e.g. 13%.) Internal rate of return is Whether the project should be accepted. The project should be accepted. eTextbook and Media %

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