Find out the internal rate of return
Problem:
You buy a new piece of equip for $16,230 and you receive a cash inflow of $2,500 per year for 12 years.
Required:
Question 1: What is the internal rate of return?
Note: Please show how you came up with the solution.
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What is the internal rate of return? Note: Please show how you came up with the solution.
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