Home security systems is analyzing the purchase of


Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $92,000. The annual cash inflows for the next three years will be: Year Cash Flow 1 $ 41,000 2 39,000 3 28,000 Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the financial calculator method. a. Determine the internal rate of return.

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Financial Management: Home security systems is analyzing the purchase of
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