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4 . A company is considering investing in a new machine that requires an initial investment of $ 3 8 , 1 9 8 .

4. A company is considering investing in a new machine that requires an initial investment of $38,198. The machine will generate annual net cash flows of $15,904 for the next three years. What is the internal rate of return of this machine? (PV of $1,FV of $1,PVA of $1, and FVA of $1)(Use appropriate factor(s) from the tables provided.)
\table[[Initial investment,Annual Net Cash Flow,= Present Value Factor],[,,,],[,,,],[,,,]]
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