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Joetz Corporation has gathered the following data on a proposed investment noninct fgnore
income taxes) The compary uses straight-line depreciation on all equipment. Assume cash llows
occur unilormsy throughout a year except for the initial investment. Click here to view Extibit
10-1 and Exhibe 10-2, to determine the appropriate discount foctor(s) using the tables provided.
The internal rate of return of the investment is closest to: Multiple Chicice 228 24 x

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