15 A road construction company is considering the purchase of a new bulldozer They can purchase one for 380 000 if they pay in

Question

15 A road construction company is considering the purchase of a new bulldozer They can purchase one for 380 000 if they pay in one installment Or they can pay 120 000 every quarter for one year Compute the effective annual rate of interest for the quarterly payment Use incremental IRR analysis to solve Fill in the incremental difference table below then calculate the incremental IRR Quarter Annual payment Qtrly payment Incremental diff annual qtriy 0 1 PV PMT

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