11.4 Consolidated Aluminum is considering the purchase of a new machine that will cost $308,000 and provide
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11.4 Consolidated Aluminum is considering the purchase of a new machine that will cost $308,000 and provide the following cash flows over the next five years: $88,000, 92,000, $91,000, $72,000, and $71,000.
Calculate the IRR for this piece of equipment. For further instructions on internal rate of return in Excel, see Appendix C.
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Related Book For 
Principles Of Accounting Managerial Accounting Volume 2
ISBN: 9781947172609
1st Edition
Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper
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