A firm buys a new piece of equipment for $24,907 and will receive a cash flow of
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A firm buys a new piece of equipment for $24,907 and will receive a cash flow of $4,500 per year for eight years. What is the IRR?
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Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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