Cinemar Productions bought a piece of equipment for $170,585 that will last for 5 years....
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Cinemar Productions bought a piece of equipment for $170,585 that will last for 5 years. The equipment will generate net operating cash flows of 545,000 per year and will have no salvage value at the end of its life. What is the internal rate of retum? (Click here to see present value and future value tables)
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