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Unformatted text preview: 3 Payback period 4.974 <5 The cherry picker would be purchased 4 Internal rate of return 4.974 =17% The simple rate of return is not an accurate investment decisions....
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This note was uploaded on 09/04/2011 for the course ECON 161 taught by Professor Jamesbaker during the Fall '11 term at University of Houston.
- Fall '11