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1.2. A machine with a purchase price of R140 000 is estimated to have an inflow of R40 000 per year. The machine will last

1.2. A machine with a purchase price of R140 000 is estimated to have an inflow of R40 000 per year. The machine will last 5 years and have no residual value at the end of its life. Required Calculate the internal rate of return. (6 marks)

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