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The Allen Company is planning 4 an investmentwith the following characteristics:Useful life 7 years , Yearly net cash inflow .......... $40,000, Salvage value $0,Internal rate
The Allen Company is planning 4 an investmentwith the following characteristics:Useful life 7 years , Yearly net cash inflow .......... $40,000, Salvage value $0,Internal rate of return .............. 20%Discount rate .... 16%,The initial cost * :of the equipment is A) $240,080 O B) $152,480 O C) $144,240 O D) Cannot be determined from the given information
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