Your Company is interest in buying a new project that will last for 7 years....
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Accounting
Your Company is interest in buying a new project that will last for 7 years. The projects internal rate of return is 12%. 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.
$95,844
$86,716
$9,040
$91,280
$87,400
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