
Essentials Of Investments
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Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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From the figure, the interest rate where the EUAC for titanium and stainless steel are equal is:
give answer in percentage (%)

Transcribed Image Text:$50,000
IRR titanium – stainless = 6.3%
40,000
Best Choice
30,000
20,000
Stainless
Brass
10,000
Titanium
IRR stainless – brass = 15.3%
0%
5%
10%
15%
20%
Interest Rate
Brass -
Stainless
Titanium
EUAC
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