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jerico jerico
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10 years ago
Locil Corporation recently purchased a new machine for $415,275 with a nine-year life. The old equipment has a remaining life of nine years and no disposal value at the time of replacement. Net cash flows will be $75,000 per year. What is the internal rate of return?
A) 11%
B) 16%
C) 20%
D) 24%
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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10 years ago
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jerico Author
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#2
10 years ago
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.
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#3
10 years ago
I'm happy to help you, how luck with the others, I noticed you've posted a lot of questions.
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