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KYZ Company is going to purchase an equipment that costs $50,000. Useful life is expected to be 5 years and the required rate of return is 12%, what is the minimum annual cash inflow that the equipment must offer for the investment to be acceptable? (Do not round your PV factors and intermediate calculations. Round your final answer to the nearest dollar.) $17.623 $13,870 $8,929 $12,076

KYZ Company is going to purchase an equipment that costs $50,000. Useful life is expected to be 5 years and the required rate of return is 12%, what is the minimum annual cash inflow that the equipment must offer for the investment to be acceptable? (Do not round your PV factors and intermediate calculations. Round your final answer to the nearest dollar.) $17.623 $13,870 $8,929 $12,076

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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KYZ Company is going to purchase an equipment that costs $50,000. Useful life is expected to be 5 years and the required rate of return is 12%, what is the minimum annual cash inflow that the equipment must offer for the investment to be acceptable? (Do not round your PV factors and intermediate calculations. Round your final answer to the nearest dollar.)
$17.623
$13,870
$8,929
$12,076

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