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Question 1 25 points Save A company purchase a piece of manufacturing equipment for an additional income. The expected i
Posted: Sun Jul 03, 2022 6:57 am
by answerhappygod
- Question 1 25 Points Save A Company Purchase A Piece Of Manufacturing Equipment For An Additional Income The Expected I 1 (11.61 KiB) Viewed 12 times
Question 1 25 points Save A
company purchase a piece of manufacturing equipment for an additional income. The expected income is $3.500 per semester. Its useful le is 9 years. Expenses are estimated to be $500 semiannually. If the purchase price is $34.000 and there is a salvage value of $4,500, what is the prospective rate of return (IRR) of this investment? The MARR is 10% compounded semiannually O a. IRR = 12% Ob, IRR = 6% O c. IRR = 7% O d. IRR = 6.02%