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Winding Company has purchased a piece of equipment costing $100,000. This equipment will generate a positive net cash flow of $15,000 end of each year

Winding Company has purchased a piece of equipment costing $100,000. This equipment will generate a positive net cash flow of $15,000 end of each year for 10 years. Determine the rate of return Winding expects to earn from this equipment. 10.00% 10.41% 7.53% 8.14% 9.43%

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