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ThreeRivers Corp. is considering the purchase of a new piece of equipment with a life of 11 years. The Internal rate of retum of the
ThreeRivers Corp. is considering the purchase of a new piece of equipment with a life of 11 years. The Internal rate of retum of the project is 14% Threevers has a required rate of return (hurdle rate) of 10% The project would have Multiple Choice payback period more than 1 years anat present value of ar an accounting rate of return greater than 10% a net present value gear than zero
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