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19 Smile Company is considering the purchase of a machine with the following characteristics: Calculate the IRR (internal rate of return) for this machine (investment

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Smile Company is considering the purchase of a machine with the following characteristics: Calculate the IRR (internal rate of return) for this machine (investment opportunity). Use PV (present value) tables. Round your answer to the nearest dollar. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided. Multiple Choice 9% 6% 7% 8%

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