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5 Columbia Sheetmetal is thinking about purchasing a new machine that will have an expected life of years. The machine will 8 $30,000 and save
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Columbia Sheetmetal is thinking about purchasing a new machine that will have an expected life of years. The machine will 8 $30,000 and save $4,500 annually in cash cost operating costs. Of the $30,000 initial cost, $20,000 is equipment and $10,000 is invested working capital. What would be the internal rate of return for the new machine? Edit View Insert Format Tools Table Step by Step Solution
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