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4. The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save money. The

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4. The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $63,000. The annual cash flows have the following projections. (10 Points) 3. If the cost of capital is 6 percent, what is the net present value of selecting a new machine? b. What is the internal rate of return? c. Should the project be accepted

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