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Help Save & Exit B MC Qu.13-10a Joetz Corporation nas gatnerea... Joetz Corporation has gathered...

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Accounting

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Help Save & Exit B MC Qu.13-10a Joetz Corporation nas gatnerea... Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes): Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Required rate of return $39,000 9,600 9 15 years 10% The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment Click here to view Exhibit 13B-1 and Exhibit 138-2, to determine the appropriate dascount factoris) using the tables provided The internal rate of return of the investment is closest to: Multiple Choice

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