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Your Company is interest in buying a new project that will last for 8 years. The projects internal rate of return is 10%. The

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Your Company is interest in buying a new project that will last for 8 years. The projects internal rate of return is 10%. The project will generate annual operating cash inflows of $20,000. What is the most the company should pay for the equipment needed for this project? It will have no salvage value. $112,035 $106,700 $101,365 $ 9,340 $104,200

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