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leffrey Corporation is deciding between two different projects. Investment X requires an initial investment of...

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leffrey Corporation is deciding between two different projects. Investment X requires an initial investment of $200,000 and will receive positive cash flows of $30,000 per year. Investment X also has a salvage value of $25,000. Investment Y requires an initial investment of $150,000 and will receive a positive cash flow of $20,000 per year and has a salvage value of $40,000. Both projects have 10-year lives. Use a financial calculator Click here to view the factor table Future Value of 1 Clic k here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value (al) Find the rate of return? (Round answers to 2 decimal places, e.g.52.75) Investment Y

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