Joetz Corporation has gathered the following data on a proposed investment project (gnore Income taxes,):...
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Joetz Corporation has gathered the following data on a proposed investment project (gnore Income taxes,): Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Required rate of return 31,000 s 6,400 15 years 108 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 discount factors) using the tables provided The Internal rate of return of the investment is closest to
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