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Business, 24.12.2020 01:00 22ksotoq

Galindo Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $178,848, would have a useful life of 8 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $36,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to:

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Galindo Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $178,848,...
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