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pduvin pduvin
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6 years ago
Brown Corporation recently purchased a new machine for $339,013.20. The new equipment has a useful life of 10 years. Net cash flows will be $60,000 per year, end of year payments.
What is the internal rate of return?
A) 10 percent
B) 12 percent
C) 14 percent
D) 16 percent
E) 18 percent
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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pachopacho
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6 years ago
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-Michigan State University

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pduvin Author
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Brilliant
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Smart ... Thanks!
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Thank you, thank you, thank you!
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