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Business, 12.08.2020 04:01 nidiavega2009

"The RST Corp. is considering the purchase of some new equipment which will cost $120,000, last for 5 years, and generate after-tax cost savings of $45,000, $37,000, $25,000, $20,000, and $20,000 respectively per year. The firm’s cost of capital is 10%. What is the IRR of this project?"

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