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You have the following information on a potential investment. Capital investment $180,000 Estimated useful life 3 years Estimated salvage value zero Estimated annual net cash

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You have the following information on a potential investment. Capital investment $180,000 Estimated useful life 3 years Estimated salvage value zero Estimated annual net cash inflow $75,000 Required rate of return 10% What is the internal rate of return on the investment (to the nearest percent)? 8% 10% 12% 14%

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