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Economics

A project has an initial cost of $140,000 and an estimated salvage value after 16years of$80,000. Estimated average annual receipts are $26,000. Estimated average annual disbursements are $16,000. Assuming that annual receipts and disbursement will be uniform, compute the prospective rate of return before tax.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91275900

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