Determine the internal rate of return

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Reference no: EM133492798

Question: Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $72,000. The annual cash inflows for the next three years will be:

Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the financial calculator method.

Determine the internal rate of return.

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

Reference no: EM133492798

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