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Bern Corporation is considering an investment in equipment that will generate an Internal rate of...

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Accounting

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Bern Corporation is considering an investment in equipment that will generate an Internal rate of return of 10.5%. The company's required rate of return is 12%. Should the company make this investment? 31 Multiple Choice Yes, since the internal rate of return is more than the company's required rate of return ces Yes, since the internal rate of return is less than the company's required rate of retum No, since the internal role of return is less than the company's required rate of return The answer cannot be determined

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