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Question header Depreciation An IT company invested in equipment that costs 8 million Rand. This equipment generates revenue of 2.1 million Rand annually while incurnng

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Question header Depreciation An IT company invested in equipment that costs 8 million Rand. This equipment generates revenue of 2.1 million Rand annually while incurnng a yearly maintenance cost of 650000 Rand. The WACC during the project is 8% and life time of the equipment is 10 years. The equipment bas a \$aNage value of 200000 Rand but is sold at a market value of 700000 Rand. Assume a tax tate of 40%, with no interest payment deductions Caution. Depreciafion is not a cashflow tem and is only used to calculate EBIT Calculate the NPV and IRR of the project. Enter the IRR value in clickup

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