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TB MC Qu. 08-101 (Ignore income taxes in this problem.) Overland Corporation... Ignore Income taxes in this problem.) Overland Corporation has gathered the following data
TB MC Qu. 08-101 (Ignore income taxes in this problem.) Overland Corporation... Ignore Income taxes in this problem.) Overland Corporation has gathered the following data on a proposed investment project Click here to view Exhibit BB-1 and Exhibit BB-2 to determine the appropriate discount factors using tables $690.000 $ 76,000 Investment required in equipment Annual cash Inflows Salvage value of equipment Life of the investment Discount rate 56 years 69 The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial Investment The Internal rate of return on the Investment is closest to: OOO
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