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The Bruce Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local

The Bruce Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local utility company. Between cost savings and new revenues, the company expects to generate $750,000 per year in net cash inflows from the turbine. The turbine would cost $4 million and is expected to have a 20-year useful life with no residual value. Calculate the internal rate of return (IRR). Question 21 options: 53.53% 18.07% 5.353%

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