A project has an initial cost of 140000 and an estimated, Financial Management

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A project has an initial cost of 140000 and an estimated

A project has an initial cost of $140,000 and an estimated salvage value after 16years of$80000. Estimated average annual recipts are $26,000. Estimated average annual disbursement are $16,000. Assuming that annual receipts and disbursement will be uniform, compute the prospective rate of return before tax.

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Financial Management: A project has an initial cost of 140000 and an estimated

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