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Treasure Valley Imaging is considering the purchase of a new piece of equipment that will cost $1,000,000. The projections show it should increase cash inflows

Treasure Valley Imaging is considering the purchase of a new piece of equipment that will cost $1,000,000. The projections show it should increase cash inflows by $225,000 in each of ten years. The discount rate is 10%. a. What is the internal rate of return? b. Should they fund this purchase?

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