Internal Rate of Return Juan Gonzales, the president of Nogalis Corporation, is trying to decide whether he

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Internal Rate of Return Juan Gonzales, the president of Nogalis Corporation, is trying to decide whether he should buy a new machine that will improve production efficiency. The machine will increase cash inflows $5,000 a year for five years. It will cost $18,000, and there will be no salvage value.

What is the internal rate of return?

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