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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.

10.41%

0 7.53%

9.43%

10.00%

8.14%

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