Business, 29.04.2021 21:30 katiaciceron2541

oetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.):Investment required in equipment $ 37,000Annual cash inflows $ 8,800Salvage value of equipment $ 0Life of the investment 15 yearsRequired rate of return 10 %The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The simple rate of return for the investment (rounded to the nearest tenth of a percent) is:

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oetz Corporation has gathered the following data on a proposed investment project (Ignore income tax...

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