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4. Philly Company wants to buy a new machine and has narrowed its options to two choices. Both machines cost $160,000. The following data shows

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4. Philly Company wants to buy a new machine and has narrowed its options to two choices. Both machines cost $160,000. The following data shows the expected cash inows from each machine: Year Machine 1 Machine 2 1 $80,000 $240,000 2 80,000 0 3 80,000 0 When calculating net present value, Philly uses the same cost of capital for both machines and both machines have a positive net present value. Based on this information, which statement is m? a. Machine 1 and Machine 2 will have the same internal rates of return. b. Machine 1 and Machine 2 will have the same net present values. c. Machine 1 will have a lower net present value than Machine 2. d. Machine 1 will have a higher net present value than Machine 2. e. None of the answer choices is correct

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