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University of Oklahoma purchased a piece of equipment with the following expected results: Useful life7 years Yearly net cash inflow$50,000 So 20% 16% Salvage value.
University of Oklahoma purchased a piece of equipment with the following expected results: Useful life7 years Yearly net cash inflow$50,000 So 20% 16% Salvage value. Internal rate of return.... The initial cost of the equipment was (round to the nearest whole dollar) A. $300,100 B. Cannot be determined C. $180,230 D. $190,600
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