If moneypenny moonbeam incorporated buys a new piece of


If Moneypenny Moonbeam Incorporated buys a new piece of equipment for $18,000 on which it will enjoy a cash flow of $3,000 for 13 years, what is its internal rate of return? (You can use Excel's IRR function or you can use the tabled values for PVA and interpolate.)

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Business Management: If moneypenny moonbeam incorporated buys a new piece of
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