Business, 14.12.2019 06:31, heavendl13

Miller manufacturing company is considering the purchase of equipment. the equipment would cost $61,445.67 and is expected to generate annual cash inflows of $10,000 over its 10 year useful life. based on this information, the internal rate of return for this investment opportunity is (use the tables in the chapter 16 appendix.) multiple choice

a. 12%.
b. 10%
c. 8%
d. 14%

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Miller manufacturing company is considering the purchase of equipment. the equipment would cost $61,...