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Tesla is considering buying $200,000 of specialized equipment. The purchase would be made December 31, 2022. The company would expect to have positive cash flows

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Tesla is considering buying $200,000 of specialized equipment. The purchase would be made December 31, 2022. The company would expect to have positive cash flows of $70,000 in 2023,$80,000 in years 2024 and 2025 , and $50,000 in 2026 . The equipment would not have any salvage value. The company uses a discount rate of 10%. Please calculate the Internal Rate of Return (IRR) and Net Present Value (NPV) functions so the company can decide whether to purchase the equipment. Use the IRR and NPV worksheet

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